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There is a huge decline in the shares of the country's largest company Reliance Industries. During the trading session, the company's shares reached their lowest level in more than 10 months. The special thing is that within a few hours of the first trading day of the week, there was a loss of more than Rs 81 thousand crore in the market cap of the company. By the way, the stock market has once again made gains. Even after that, a decline of more than 3.50 percent is being seen in the shares of Reliance Industries. Which had reached a decline of 4.50 percent during the trading session. Let us also tell you what kind of figures are being seen in the stock market of Reliance Industries.

Big fall in company's shares

Shares of the country's largest company Reliance Industries are trading with a huge decline on the Bombay Stock Exchange. At 1:15 pm, Reliance Industries shares are trading at Rs 1299.40 with a decline of 3.81 percent. Whereas during the trading session, the company's shares fell by 4.50 percent and reached the lower level of Rs 1,290. However, the company's shares opened at Rs 1351.60 with a slight increase of one and a half rupees. Which also reached the day's high of Rs 1360.80 during the initial trading session. But after that there is a continuous decline in the shares of the company.

Company suffered loss of Rs 81 thousand crores

The special thing is that due to the fall in shares, the market cap of the company has suffered a huge loss and has come below Rs 18 lakh crore. When the stock market closed last week, the market cap of the company was Rs 18,28,034.07 crore. Which came down to Rs 1,746,695.20 crore during the trading session. This means that the market cap of Reliance Industries has suffered a loss of Rs 81,338.87 crore. It is estimated that there may be an even greater decline in the market cap of the company. The special thing is that the company's stock has fallen by more than 19 percent from its 52-week peak.

Reason for decline in Reliance shares

RIL shares are under pressure, and have fallen 8 per cent in the last five trading days. This is due to the government's decision to impose export duty on petrol, diesel and aviation turbine fuel (ATF, or jet fuel), which has increased concerns about margins. On Friday, March 27, 2026, Union Finance Minister Nirmala Sitharaman had said that the government will impose duty of Rs 21.5 per liter on diesel and Rs 29.5 per liter on ATF, so that adequate availability of these products can be ensured for domestic consumption.

Analysts at Motilal Oswal Financial Services (MOFSL) estimate an impact of about $ 2 per barrel on gross refining margin (GRM). However, recent HSD GRMs have been in the range of $50-60 per barrel and refiners, including RIL, are earning higher profits than before the Israel-Iran war. Still, actual refining profits may be lower than the headline GRM.

Additionally, RIL has diverted propane to LPG production in view of domestic LPG shortage, and this is likely to impact profits. The brokerage firm said that despite the sharp increase in crude oil prices, RIL has not increased the retail fuel prices. However, MOFSL analysts have reiterated 'BUY' rating on RIL, with a target price of Rs 1,750.