Markets
Reliance Industries shares surge most in 9 months, add over ₹1 lakh crore to market cap after Q2 results
CEII brief
ET EnergyWorld (India) reported on 2 Nov 2026: Reliance Industries shares surge most in 9 months, add over ₹1 lakh crore to market cap after Q2 results.
Read the full story on ET EnergyWorld (India)The shares rallied after a stronger-than-expected Q2, with a sharp rise in O2C earnings and improving net debt levels outweighing weakness in Reliance Retail.
Context from CEII
Exchange rates and the cost of capital shape every energy project, especially in emerging markets where equipment is priced in dollars.
₦1,348.45 per US dollar, reference rate todayOriginal reporting © ET EnergyWorld (India). Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
