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This Chris Wood owned stock hit a 52-week low. What's worrying the Street?

In the last few sessions, the stock of Mukesh Ambani-controlled Reliance Industries (RIL), hit its 52-week low level of Rs 2269.75, and has been one of the worst performers among the Sensex pack

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4 min read Last Updated : Mar 15 2023 | 10:19 PM IST

This stock is one of the largest holdings (along with ONGC) of Christopher Wood, global head of equity strategy at Jefferies in his India long-only portfolio with a weight of 10 per cent. And with a 6 per cent weight, the counter is also part of his Asia ex-Japan long-only thematic portfolio, next only to HDFC Bank that enjoys a similar weight in this portfolio.

However, in the last few sessions, the stock of Mukesh Ambani–controlled Reliance Industries Limited (RIL), hit its 52-week low level of Rs 2269.75, and has been one of the worst performers among the Sensex pack

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