Reliance is funding its next Jio—That may explain why the stock has stalled
- Posted on July 25, 2026
- By Financial Express
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- 1 min read
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Reliance is funding its next Jio—That may explain why the stock has stalled
Despite reporting a record FY26 net profit of ₹95,754 crore, Reliance Industries trades ~21% below its peak. We break down its 6 core business drivers, conglomerate discount, and future capex factors.
