The reason for the volatility is that the market sees a risk in the stock due to the aggressive moves by Reliance Retail. In the last few weeks, RRVL has placed over 10% stake with foreign funds and has also bought into Future Group retail and wholesale business. That is clearly making markets jittery.
The reason for the volatility is that the market sees a risk in the stock due to the aggressive moves by Reliance Retail. In the last few weeks, RRVL has placed over 10% stake with foreign funds and has also bought into Future Group retail and wholesale business. That is clearly making markets jittery.