Reliance Industries share price tumbles 7%
Business

Reliance Industries share price tumbles 7%

Reliance share price: Reliance Industries was among the top losers on both the BSE Sensex and the NSE Nifty 50 indices on Thursday.

Mukesh Ambani-led Reliance Industries shares marked its steepest fall in 2018 amid rising trade volumes. The shares of the oil-to-telecom led conglomerate dropped the most in over two years, down 7.18% to a low of Rs 1,118.55 on the NSE.

RIL share price continued to fall on Thursday after the Mukesh Ambani-led company on Wednesday clarified that the company acquiring digital cable TV and broadband services provider Hathway Cable.