Will RIL shares reward investors a month after the AGM? Here’s the 11-year track record

Beginning from the 2011 AGM, Reliance stock has delivered positive returns a month after its AGM in 7 out of 11 years. During the period, the highest monthly return was 22 per cent in 2018 in which RIL announced to exchange feature phones with the Jio Phone at just Rs 501. On the AGM day, however, the stock had closed 3.3 per cent lower. Returns were also impressive in 2013 (11.2 per cent), 2015 (12.6 per cent) and 2020 (14.6 per cent).