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Why did Reliance stock fall by 50%?

Trade Brains

The company demerged Jio Financial Services Ltd in July 2023, further demonstrating its focus on reshaping its business structure. Their massive investments show clear strategic thinking. First, they plan to produce 100 gigawatts of clean energy by 2030. Please consult your investment advisor before investing.

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5 Important Investment Formulas for Financial Success

WiserAdvisor

So, if an investment offers a 9% return, you need to invest for 72/9 = 8 years to see your money double. This means if you invest $2,000 in 2022, it will double to $4,000 in 2030 at a return rate of 9% per annum.