Why Mukesh Ambani’s Reliance Industries is Giving Negative Returns and Losses to Investors
Reliance Industries, owned by Mukesh Ambani, is at present negative to returns and loss for its investors. Several factors are pointed towards the company’s weak performances, such as challenges for Jio, the company’s telecom business, lackluster performance in its retail sector, and burden with debt. The group lately also lost due to recent redundancies, competition from newcomers on the market, and uncertainty due to global economic instability. Investors have been withdrawing their funds due to these issues, raising concerns about Reliance’s future growth. Despite its strong market presence, the company faces significant hurdles that are affecting its overall financial stability and investor confidence.
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