Mukesh Ambani's masterstroke: Rs 500 crore bet delivers Rs 9,580 crore windfall gain for Reliance Industries

Mukesh Ambani’s Reliance sold its entire 4.9% stake in Asian Paints for Rs 9,580 crore, netting a 2,200% return over 17 years.

The exit comes as Asian Paints faces tough competition, falling margins, and a 30% drop in stock over two years.

Investors view the move as part of RIL’s larger strategy to fund new energy and digital infrastructure investments.

Asian Paints faces declining market share, muted growth, and potential antitrust scrutiny, prompting cautious brokerage outlooks.