Reliance Industries bets big on retail profitability; share price surges intra-day

Reliance Industries’ stock has seen a 1.5% increase, reaching a high of Rs 1,426.70 on the NSE. The company has reported strong numbers and is focused on making its retail business profitable. It plans to achieve profitability within 6-12 months, and if not, will shut down or replace underperforming stores. The Nifty 50 has also […]