Since the last bonus shares in 2017, the RIL stock has delivered 277.89 per cent return and stood at Rs 2,742.20 on Friday against Rs 725.65 on September, 7, 2017. The preceding four bonus issues were announced in 2009,

As traders await bonus share record date announcement; technical chart shows that Reliance stock has strong support at Rs 2,640 its 20-MMA - a key moving average the stock has held since June 2023.

The dip, driven by weaker-than-expected performance in its oil-to-chemicals (O2C) segment, has left investors and analysts contemplating their next move.

While the oil-to-chemicals segment may see a decline due to weaker refining margins, consumer-facing businesses such as retail and Jio are forecast to perform well.

Investors will be paying close attention to the heavyweight stock on Tuesday, October 14, as the quarterly results are expected to impact the stock's movement.