New Delhi, June 17 -- Reliance Industries' share price has posted healthy gains so far this year, supported by comfortable valuations, strong growth prospects, and investors' preference for quality large-cap stocks amid market volatility.
Reliance is India's largest stock with a market capitalisation of nearly Rs.19.5 lakh crore. India's most valuable stock has gained over 17 per cent year-to-date (YTD) against a 4 per cent gain in equity benchmark Sensex.
On Tuesday, June 17, the heavyweight stock dropped nearly 1 per cent in intraday trade.
Meanwhile, on a monthly scale, Reliance share price has been on a winning streak since March this year, even though it hit a 52-week low of Rs.1,115.55 on April 7. Reliance shares hit their 52-wee...
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