The fall in these stocks led to the group’s market cap plunging to an all-time low of Rs 20,592 crore.Reliance Infra, Reliance Capital , Reliance Power and Reliance Home slumped 7-14 per cent. Reliance Infra was the top laggard on the BSE MidCap index, ending down 13.2 per cent at 64.2. Shares of Reliance Naval, Reliance Power and Reliance Infra hit record lows intraday.The group’s market cap has fallen 41 per cent from Rs 38,912.06 crore on December 31, 2018. Reliance Infra, which was scheduled to declare its results on June 7, has deferred it to June 14. Reliance Naval, Reliance Capital, Reliance Infra, Reliance Home Fin and Reliance Nippon have also seen increase in retail holding.
Source: Economic Times June 11, 2019 01:17 UTC