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India's Reliance Industries hits near 2-month low as Russian oil supply pauses

ReutersJan 6, 2026 5:52 AM

Shares of Reliance Industries RELI.NS drops 5.1% to 1,498.8 rupees - its lowest since Nov. 11

Co on Tuesday said it is not expecting any Russian crude oil deliveries in January and has not received such cargoes in the past three weeks

U.S. President Donald Trump on Monday said the United States could raise tariffs on India if New Delhi doesn't meet Washington's demand to curb purchases of Russian oil

Avg rating of 34 analysts covering the stock is "buy", media PT is 1,685 rupees - data compiled by LSEG

RELI rose 29.2% in 2025, outpacing 10.5% gains in benchmark Nifty 50 index .NSEI

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