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Reliance Shares Jump on Strong Energy and Telecom Results

Reliance Industries shares rose on Monday following a significant jump in quarterly net profit. Strength in its oil-to-chemicals and Jio businesses offset retail sector pressures.

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FILE PHOTO: Akash Ambani, managing director of Jio Platforms, Nita Ambani, Mukesh Ambani, Anant Ambani and Isha Ambani, non-executive director of Jio Platforms Ltd, attend a bell-ringing ceremony on the day of the listing of Jio Platforms Limited during its IPO at the National Stock Exchange in Mumbai, India, October 28, 2026. REUTERS/Francis Mascarenhas/File Photo

Reliance Industries Limited shares jumped 6% on Monday morning following strong oil-to-chemicals performance and steady telecom growth. The conglomerate is heading toward its best single-day performance since January 2024.