RIL in bear grip as shares slide 7% since Q1. Can AGM be the next trigger point?

Despite strong Q1 earnings and positive brokerage ratings, Reliance Industries' shares have declined, prompting market experts to suggest a corrective phase. Investors are eyeing the upcoming AGM for updates on business growth targets, the new energy sector, and potential Jio and retail IPO timelines. Focus will also be on retail growth, Jio Hotstar monetization, FMCG expansion, and petchem capacity progress.