Gold Silver Reports (GSR) – Reliance Naval And Engineering At Record Low As Loss Widens In Q4 – Shares of the Mumbai-based Anil Ambani-led defence equipment maker fell as much as 9 percent, the most in over two months, to record low of Rs 24.50 after its loss widened in the March quarter.
Reliance Naval’s loss widened to Rs 406 crore from loss of Rs 140 crore during the same quarter a year ago. Meanwhile, its revenue slumped 85.5 percent to Rs 33 crore from Rs 228 crore
