Reliance Industries shares dipped nearly 2% despite Chairman Mukesh Ambani announcing the approved Jio DRHP for a $4 billion IPO. The company also revealed significant AI investment plans and provided updates on its retail and O2C segments, while reporting a Q4 FY26 net profit decline.
Reliance Industries shares fell nearly 2% despite Chairman Mukesh Ambani's significant announcements at the 49th AGM. The company revealed an approved DRHP for a $4 billion Jio IPO and substantial AI investment plans. However, a reported Q4 FY26 net profit decline contributed to…
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