Archive · 18 Jul 2026
Ambanis increase stake in Reliance Industries amid stock slump
The Ambanis, who own Reliance Industries, have increased their ownership in the company to its highest level in seven years.
This happened after the company's stock price fell due to concerns about the US-Iran war.
The Ambanis spent a lot of money to buy more shares, showing they believe in the company's future.
Even though the stock has been doing poorly this year, the Ambanis think there is still a lot of value in the company, especially as it prepares to list its telecom business, Jio Platforms, on the stock market.
The Ambanis increased their stake in Reliance Industries to 50.48%, the highest in seven years.
The increase comes amid the company's worst annual performance since 2011.
The stock purchase cost the promoters between ₹8,500 and ₹9,000 crore.
Reliance shares rose 2.6% ahead of its quarterly earnings announcement.
The company is preparing for the initial public offering of its telecom venture, Jio Platforms.
- Who
- The Ambanis (promoters of Reliance Industries)
- What
- Increased their stake in Reliance Industries
- When
- End of June
- Where
- Mumbai, India
- Why
- To signal confidence in the company's long-term prospects amid a stock slump
Promoters' Confidence
Market Performance Concerns
Stake Increase
Promoters' Confidence
The Ambanis increased their stake to signal confidence in Reliance's long-term prospects.
Market Performance Concerns
The increase comes amid the company's worst annual performance since 2011.
- Promoters' Stake
- 50.48%
- Stake Increase
- 0.48%
- Stock Performance
- Worst annual performance since 2011
- Estimated Purchase Cost
- ₹8,500 - ₹9,000 crore
- Stock Price Change
- 2.6% increase