Reliance Industries, one of India’s largest conglomerates, has had an impressive growth trajectory over the past decade, with consistent positive returns year-on-year. However, 2024 marked a historic moment, as the company recorded a negative return of -6%, breaking its 10-year streak of positive growth.
Decade Snapshot of Returns:
- 2024: -6% (First negative return in a decade)
- 2023: +10%
- 2022: +8%
- 2021: +20%
- 2020: +33%
- 2019: +36%
- 2018: +23%
- 2017: +72% (Highest growth in the decade)
- 2016: +8%
- 2015: +15%
- 2014: 0% (No growth)
Reliance’s diversified business portfolio spanning energy, telecom, retail, and digital services might also have faced sectoral pressures impacting its performance in 2024.
Disclaimer-
It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.
