Reliance Retail, Blinkit, Zomato Hyperpure Facilities Face Maharashtra FDA Action In Expired Food Case
Reliance Industries reported results.
· NDTV Profit
FDA has suspended licences of five Reliance, Blinkit and Zomato Hyperpure facilities after an alleged expired-food diversion racket was uncovered in Thane and Pune. Ten people were named in an FIR, with seizures reportedly worth Rs 48.09 lakh.
The analysis
Reliance Industries reported Rs 48.09 lakh. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.2% on the day at ₹1,164.90, and has returned -9.9% over three months. It sits 27% below its 52-week high, which means a good deal of bad news was already in the price. The oil & energy sector has moved -5.7% over the same period, so Reliance Industries is running 4.2 points behind its peers.
For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.
Market context
- In focus: Reliance Industries (RELIANCE), in Oil & Energy.
- On the day, 1 of 2 are higher: Eternal (Zomato) leads at +1.7% and Reliance Industries trails at -0.2%.
- Over three months: Reliance Industries -9.9% against Oil & Energy -5.7% (4.2 points behind); Eternal (Zomato) +10.6% against Hotels & Restaurants -0.9% (11.5 points ahead).
- At least 25% below the 52-week high: Reliance Industries (27%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Reliance IndustriesRELIANCE · Oil & Energy | ₹1,164.90 | -0.2% | -1.9% | -9.9% | -26.8% | 1.0× | — |
| Eternal (Zomato)ETERNAL · Hotels & Restaurants | ₹343.65 | +1.7% | +7.4% | +10.6% | 0.0% | 1.4× | — |
Oil & Energy
1M -4.8% · 3M -5.7%
Reliance Industries
Hotels & Restaurants
1M -3.1% · 3M -0.9%
Eternal (Zomato)
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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