10 Out of 12 Mukesh Ambani-Led Reliance Group Stocks Posted Negative Returns In Last One Year — Only These Two Gained

Mukesh Ambani-led Reliance Group companies have lately seen a rough patch on the bourses, with 10 out of its 12 listed stocks delivering negative returns over the last one year. Add to that, some stocks have plummeted as low as 57 per cent. 

Sterling and Wilson Renewable Energy tops the list with a 57 per cent loss over the past year. Reliance New Energy Limited (RNEL), the renewable arm of Reliance Industries, had acquired a 40 per cent stake in the company in February 2022.

Closely following it, Network 18 Media & Investments has yielded a negative return of over 49 per cent.

Reliance Group’s digital infrastructure arms have also disappointed investors. GTPL Hathway, Hathway Cable and Datacom, and DEN Networks fell between 37 per cent and 40 per cent over the past year, while Hathway Bhawani Cabletel and Datacom slipped 8.66 per cent.

The group’s financial services arm, Jio Financial Services, has also disappointed its investors as it logged a negative return of 32.33 per cent. Similarly, Reliance Industrial Infrastructure fell over 33 per cent, and Just Dial slipped 13.4 per cent.

Even flagship Reliance Industries wasn’t spared, posting a 4.5 per cent loss over the year, despite a sharp 20 per cent rebound in the last month.

These Two Reliance Group Stocks Buck The Trend

Amid the laggards, two lesser-known Reliance stocks—Lotus Chocolate and Infomedia Press—stood out. Both delivered positive returns and outperformed the Sensex over the year.

Infomedia Press gained over 12 per cent, beating the Sensex’s 7.5 per cent return, while Lotus Chocolate rallied a massive 148 per cent over the same period.