INDIA MARKET LENS
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7-Eleven shuts remaining 31 India outlets after ₹90 cr FY26 loss: When did it open first with Reliance; what’s next?

Reliance Industries reported results for FY26.

· LiveMint Companies

7-Eleven has closed its last 31 Indian stores in Mumbai and Pune, ending its five-year franchise partnership with Reliance Retail after reporting a nearly ₹90 crore net loss in FY26. Its parent company says it remains interested in serving Indian customers through other possible strategies.

Period
FY26

Reliance Industries reported ₹90 cr and ₹90 crore for FY26. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -2.0% on the day at ₹1,184.50, and has returned -8.1% 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 -5.7% over the same period, so Reliance Industries is running 2.4 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.

  • The company directly in focus is RELIANCE.
  • Sector exposure: Oil & Energy.
  • The immediate tone of coverage reads negative.
RELIANCEOil & Energy