🔔 Acquisition Alert
Reliance Industries' subsidiary acquires a 21% stake in Wavetech Helium, Inc. for $12 million as part of its low-carbon solutions strategy.
Reliance Industries Ltd Analyst Rating
based on 36 analysts
78.38%
Buy
13.51%
Hold
8.11%
Sell
Based on 36 analysts offering long term price targets for Reliance Industries Ltd. An average target of ₹1609.08
Source: S&P Global Market Intelligence
Reliance Industries Ltd Share analysis
Reliance Industries Ltd price forecast by 36 analysts
Upside of24.43%
High
₹1950
Target
₹1609.08
Low
₹1300
Reliance Industries Ltd target price ₹1609.08, a slight upside of 24.43% compared to current price of ₹1270.8. According to 36 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Reliance Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:14.27%
Forecast
Actual
Including amortisation and stock based compensations
Reliance Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:23.95%
Forecast
Actual
Source: S&P Global Market Intelligence
Reliance Industries Ltd Performance
Day's Low
Day's High
₹1,269.05₹1,296.652 Week's Low
52 Week's High
₹1,184.95₹1,608.8
| Returns % | |
| 1 Month Return | -3.08 % |
| 3 Month Return | -13.69 % |
| 1 Year Return | + 8.02 % |
| Market Stats | |
| Previous Close | ₹1,293.20 |
| Open | ₹1,289.95 |
| Volume | 1.50Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹17,50,005.98Cr |
Reliance Industries Ltd Key Statistics
| P/E Ratio | 25.77 |
| PEG Ratio | 8.63 |
| Market Cap | ₹17,50,005.98 Cr |
| P/B Ratio | 3.91 |
| EPS | 58.395 |
| Dividend Yield | 0.34 |
| Sector | Refineries |
| ROE | 8.46 |
Reliance Industries Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹17,50,005.98 Cr | 16.4% | 0.65 | ₹79,020 Cr | ₹9,01,064 Cr | |
| BUY | ₹2,76,749.46 Cr | 205.04% | 0.64 | ₹3,294 Cr | ₹96,420 Cr | |
| BUY | ₹5,96,703.17 Cr | 18.67% | 0.50 | ₹20,751 Cr | ₹70,881 Cr | |
| NA | ₹1,13,758.97 Cr | 36.25% | 0.50 | ₹7,364 Cr | ₹1,701 Cr | |
| BUY | ₹3,19,916.50 Cr | 18.2% | 0.61 | ₹57,100 Cr | ₹5,91,447 Cr |
Reliance Industries Ltd Mutual Fund Holdings
About Reliance Industries Ltd
RIL's diverse lines of business include refining and petrochemicals, digital services under Jio, and retail operations through Reliance Retail. The company has several sub-brands like Jio for telecommunications and Reliance Fresh in the retail sector. Reliance Industries has a significant international presence, with operations in countries including the United States, the United Kingdom, and several Middle Eastern nations. A notable fact about RIL is that it is one of the largest companies in India by market capitalization. Another fact is that RIL has been involved in significant mergers and acquisitions, including the acquisition of Network 18 and its expansion into the telecommunications sector with the launch of Jio.
Reliance Industries is still predominantly owned and controlled by the Ambani family, with Mukesh Ambani serving as the Chairman and Managing Director. Over the years, the company has grown through strategic investments and acquisitions, positioning itself as a leader in various sectors in both the Indian and global markets.
Share Price: ₹1270.80 per share as on 28 Nov, 2024 04:01 PM
Market Capitalisation: ₹17,50,005.98Cr as of today
Revenue: ₹2,31,535.00Cr as on September 2024 (Q3 24)
Net Profit: ₹19,101.00Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Mukesh D Ambani
| Organisation | Reliance Industries Ltd |
| Headquarters | Mumbai |
| Industry | Refineries |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 28 Nov
04:47 PM
-Reliance Industries' subsidiary acquires 21% stake in Wavetech Helium for $12 million, enhancing its low-carbon exploration strategy.
Key events for Reliance Industries Ltd
Reliance Acquires Stake in Wavetech Helium - 28 Nov, 2024
Reliance Industries' step-down subsidiary, Reliance Finance and Investments USA LLC, has acquired a 21% stake in Wavetech Helium for $12 million, part of its strategy for low-carbon solutions.
Reliance Industries Secures Major Infrastructure Order - 27 Nov, 2024
Reliance Industries Ltd has been awarded a significant infrastructure engineering order worth Rs 120 Crores by Bharat Global Developers. Additionally, discussions on AI opportunities with SoftBank's Masayoshi Son highlight potential growth areas.
Analysts Upgrade Reliance Industries Amid Positive Outlook - 26 Nov, 2024
Citi and Jefferies have upgraded Reliance Industries, citing favorable risk-reward ratios and strong growth prospects in refining and 5G monetization. Target prices range from ₹1,250 to ₹1,850, indicating significant upside potential. COAI's comments on cash flow improvements further bolster the positive sentiment.
Reliance Industries Receives Positive Upgrades and Mergers - 25 Nov, 2024
Reliance Industries saw a series of positive developments, including a significant upgrade from Citigroup, a merger completion with Viacom18 and Disney, and favorable technical indicators suggesting potential growth.
Reliance Faces Retail Uncertainty Despite Refining Recovery - 24 Nov, 2024
Reliance Industries Ltd's stock has declined 22% since July due to weak retail growth, despite recovering refining margins. JP Morgan highlights challenges in retail and potential delays in Jio and retail listings.
Reliance Industries Approaches Key Support Level - 23 Nov, 2024
Reliance Industries is undergoing a corrective phase after a 5-wave rally, nearing critical support at Rs 1,220-1,240. This aligns with the 61.8% Fibonacci retracement level, suggesting potential for a bullish reversal. Traders are advised to consider long positions in the Rs 1,230-1,270 range, targeting Rs 1,374 with a stop-loss at Rs 1,185.
Reliance Industries Sees Strong Recovery and Analyst Support - 22 Nov, 2024
Reliance Industries receives bullish ratings from Morgan Stanley and JPMorgan, with targets of Rs 1,662 and Rs 1,468 respectively. The stock recovers significantly, gaining market cap and leading market indices higher.
Reliance Industries Faces Subscriber Loss and Stock Decline - 21 Nov, 2024
Reliance Industries has experienced a significant decline in stock value and subscriber losses in Jio, leading to a market cap drop of Rs 19,312 crore. Investor sentiment remains negative amid uncertainty regarding future valuations.
Reliance Industries Faces Downgrades but Shows Potential - 20 Nov, 2024
Reliance Industries faces a downgrade from Motilal Oswal, but shows potential for recovery. New projects and partnerships, including humanoid robots, signal growth opportunities.
Reliance Industries: Mergers, Investments, and Subscriber Losses - 19 Nov, 2024
Reliance Industries is investing ₹75,000 crore in green energy, while its stock faced a 9.2% decline in October. Reliance Jio reported a drop in subscribers but increased ARPU. The company completed a significant merger with Viacom18 and Disney, valuing the joint venture at ₹70,352 crore.
Reliance and Disney Finalize Major Joint Venture - 18 Nov, 2024
Reliance Industries and Disney have successfully completed a joint venture worth Rs 70,352 crore, consolidating their media assets and enhancing their position in India's entertainment sector.
Reliance Industries Completes Major Media Merger - 17 Nov, 2024
Reliance Industries has faced a significant loss due to the Disney-Hotstar deal while successfully completing a major media merger and acquiring the jiohotstar.com domain. Reliance Retail is also restructuring its Centro stores.
Reliance Industries Expands Media and Retail Strategies - 16 Nov, 2024
Reliance Industries merges with Viacom18 and Disney to form a media giant, while Jio pushes for satellite spectrum auctions and launches JioSpaceFiber. Additionally, Reliance Retail revamps Centro stores.
Reliance Industries Expands Ventures and Investments - 15 Nov, 2024
Reliance Industries is making significant moves, including a merger with Disney's media assets, a major investment in biogas plants, and positive analyst ratings from CLSA, indicating growth potential.
Reliance and Disney Form Major Media Joint Venture - 14 Nov, 2024
Reliance Industries has successfully merged its media assets with Disney's India business, creating a joint venture valued at ₹70,352 crore, with Nita Ambani as chairperson. This venture aims to become a leading media and entertainment company in India.
Reliance Industries Pursues Growth Amid Strategic Changes - 13 Nov, 2024
Reliance Industries is investing Rs 65,000 crore in biogas plants, while CLSA highlights a potential 30% upside in shares. Reliance Retail is closing Centro stores to focus on in-house brands, and Tira opens a flagship store showcasing luxury beauty brands.
Reliance Announces Major Investments and Merger Approvals - 12 Nov, 2024
Reliance Industries plans a Rs 65,000 crore investment in Andhra Pradesh for biogas plants, creating significant employment. Additionally, the merger with Disney Star has been approved, marking a major deal in the media sector.
Reliance Industries Faces Legal Challenges Amid Fuel Export Surge - 11 Nov, 2024
Reliance Industries navigates a challenging landscape with a significant rise in fuel exports to the EU, while facing legal setbacks from Sebi and stock price declines.
Reliance Faces Market Cap Drop Amid Media Venture - 10 Nov, 2024
Reliance Industries' market cap decreased by ₹24,479.68 crore this week, while the European Commission approved a joint venture with Disney, creating a major media conglomerate.
Reliance Faces Major Setback Amid Weak Earnings - 09 Nov, 2024
Reliance Industries experienced a significant market cap loss of nearly $50 billion due to disappointing earnings, marking its worst performance in a decade. The company's core business struggles and subscriber losses in its telecom division contributed to this downturn.
Insights on Reliance Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 10.43% to 10.93% in Oct 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 2.35L Cr → 2.36L Cr (in ₹), with an average increase of 0.3% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 15.13K Cr → 16.56K Cr (in ₹), with an average increase of 8.6% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, RELIANCE stock has moved up by 5.7%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 7.85% to 8.37% in Oct 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Hindustan Petroleum Corporation Ltd has given 92.4% return, outperforming this stock by 75.7%
- NO EFFECT
Against Peers
In the last 1 year, Hindustan Petroleum Corporation Ltd has given 66.4% return, outperforming this stock by 58.4%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 49.11% of holdings in Oct 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 20.72% to 19.63% in Oct 2024 quarter
Reliance Industries Ltd Financials
Index Inclusions
Reliance Industries Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 49.11% | 0.00 | |
| Foreign Institutions | 19.63% | ||
| Mutual Funds | 8.37% | 6.62 | |
| Retail Investors | 10.93% | 4.82 | |
| Others | 11.96% | 0.56 |
Reliance Industries Ltd Key Indicators
Reliance Industries Ltd Valuation
Reliance Industries Ltd in the last 5 years
Lowest (10.20x)
October 27, 2019
Industry (16.82x)
November 27, 2024
Today (25.77x)
November 27, 2024
Highest (36.05x)
October 14, 2020
Reliance Industries Ltd Earnings and Dividends
Reliance Industries Ltd Earnings Results
Reliance Industries Ltd’s net profit fell -4.78% since last year same period to ₹16,563Cr in the Q2 2024-2025. On a quarterly growth basis, Reliance Industries Ltd has generated 9.41% jump in its net profits since last 3-months.
Read More about Earnings ResultsReliance Industries Ltd Dividends April,2024
In the quarter ending March 2024, Reliance Industries Ltd has declared dividend of ₹10 - translating a dividend yield of 1.47%.
Read More about Dividends
Reliance Industries Ltd Technicals Summary
Bearish
Neutral
Bullish
Reliance Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Reliance Industries Ltd
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Reliance Industries Ltd (RELIANCE) share price today is ₹1270.8
Reliance Industries Ltd is listed on NSE
Reliance Industries Ltd is listed on BSE
- Today’s highest price of Reliance Industries Ltd is ₹1296.6.
- Today’s lowest price of Reliance Industries Ltd is ₹1269.05.
PE Ratio of Reliance Industries Ltd is 25.77
PE ratio = Reliance Industries Ltd Market price per share / Reliance Industries Ltd Earnings per share
Today’s traded volume of Reliance Industries Ltd(RELIANCE) is 1.50Cr.
Today’s market capitalisation of Reliance Industries Ltd(RELIANCE) is ₹1750005.98Cr.
| Reliance Industries Ltd(RELIANCE | Price |
|---|---|
52 Week High | ₹1608.8 |
52 Week Low | ₹1184.95 |
Reliance Industries Ltd(RELIANCE) share price is ₹1270.8. It is down -21.01% from its 52 Week High price of ₹1608.8
Reliance Industries Ltd(RELIANCE) share price is ₹1270.8. It is up 7.25% from its 52 Week Low price of ₹1184.95
| Reliance Industries Ltd(RELIANCE | Returns |
|---|---|
1 Day Returns | -22.4% |
1 Month Returns | -3.08% |
3 Month Returns | -13.69% |
1 Year Returns | 8.02% |