Reliance Falls After Operating Profit Declines: Mumbai Mover
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Reliance Industries Ltd., owner of the world’s biggest oil refining complex, headed for its biggest decline in five weeks after it reported a 7.4 percent drop in third-quarter operating profit.
The shares fell as much as 1.6 percent to 870.55 rupees, the sharpest drop since Dec. 16, and traded 1.4 percent lower at