Mukesh Ambani and Reliance Industries founders bought more shares after the stock slumped amid fallout from the U.S.-Iran war, in what was described as the largest such increase in years.
Mukesh Ambani and the founders of Reliance Industries increased their insider stake in the company, marking the biggest such increase since 2019. The buying came after Reliance shares slumped on fallout from the U.S.-Iran war, signaling insider purchases during a period of market weakness.