T-Mobile, Jio launch world's first 5G Standalone roaming connection
Reliance Industries is in focus.
· BS Companies
Jio customers can roam on T-Mobile's 5G SA network in the US, while T-Mobile customers can access Jio's 5G SA network while travelling in…
The analysis
Against that, the stock is -2.5% on the day at ₹1,177.40, and has returned -7.9% over three months. It sits 26% below its 52-week high, which means a good deal of bad news was already in the price. The oil & energy sector has moved -0.3% over the same period, so Reliance Industries is running 7.6 points behind its peers.
For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.
Market context
- The company directly in focus is RELIANCE.
- Sector exposure: Oil & Energy.
In this story
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