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Reliance Industries holds key support amid oil refining tailwinds
short by / on Friday, 26 June, 2026
Reliance Industries Ltd (RIL) stock closed constructively above its vital support level of ₹1,314/-. The company massive downstream oil-to-chemicals refining business is looking at expanding profit margins. Analysts note that falling crude input costs, caused by ongoing shifts in international energy treaties, are improving the company's gross refining margins.
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