|Period||Absolute Nifty Return||Absolute RELI.NS return|
|RIL vs Nifty 1Y|
|RIL vs Nifty 5Y|
The above table and charts infer just one thing: Reliance Industries Ltd (RELI.NS) has under-performed Nifty on a consistent basis and it is no surprise the stock is continuing to do so this year as well. It is important to note that Reliance Industries itself is a member of Nifty with a weighting of close to 5% now - this would make the returns of Nifty Index outside RIL to trump RIL even more than the numbers as indicated in the table above.
This is what Udayan from CNBC had to say
Update: Just a day after I publish this post, Mint Newspaper came up with an article on Reliance Industries: RIL shares lag Sensex for Seventh Consecutive Year