New Delhi, Feb. 12 -- Reliance Industries share price declined over 3% to hit 52-week low on Wednesday, extending its fall for the fourth straight session. Reliance shares fell as much as 3.31% to a fresh 52-week low of Rs.1,193.65 apiece on the BSE.

The fall in Reliance shares comes amid heavy volumes. Around 72 lakh Reliance shares changed hands on the stock exchanges on February 12 as against its one week average of 93 lakh shares.

The energy-to-telecom stock, Reliance Industries Ltd (RIL) share price has been facing heavy selling pressure as it has dropped over 6% in one week and over 3% in one month. RIL stock has fallen more than 17% in one year.

Reliance shares have declined in the five sessions out of the past six sessions. The...