Reliance Industries Ltd Analyst Rating
based on 36 analysts
81.08%
Buy
10.81%
Hold
8.11%
Sell
Based on 36 analysts offering long term price targets for Reliance Industries Ltd. An average target of ₹1602.32
Source: S&P Global Market Intelligence
Reliance Industries Ltd Share analysis
Reliance Industries Ltd price forecast by 36 analysts
Upside of30.22%
High
₹1950
Target
₹1602.32
Low
₹1300
Reliance Industries Ltd target price ₹1602.32, a slight upside of 30.22% compared to current price of ₹1205.3. According to 36 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Reliance Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:14.13%
Forecast
Actual
Including amortisation and stock based compensations
Reliance Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:23.67%
Forecast
Actual
Source: S&P Global Market Intelligence
Reliance Industries Ltd Performance
Day's Low
Day's High
₹1,201.5Day's Price Range₹1,239.552 Week's Low
52 Week's High
₹1,201.552-Week Price Range₹1,608.8
| Returns % | |
| 1 Month Return | + 0.61 % |
| 3 Month Return | -17.61 % |
| 1 Year Return | -3.97 % |
| Market Stats | |
| Previous Close | ₹1,230.45 |
| Open | ₹1,224.00 |
| Volume | 2.03Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹16,95,944.17Cr |
Reliance Industries Ltd Key Statistics
| P/E Ratio | 24.52 |
| PEG Ratio | 8.21 |
| Market Cap | ₹16,95,944.17 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 | ₹16,95,944.17 Cr | 14.83% | 0.65 | ₹79,020 Cr | ₹9,01,064 Cr | |
| BUY | ₹2,83,628.37 Cr | 205.53% | 0.64 | ₹3,294 Cr | ₹96,420 Cr | |
| BUY | ₹5,88,633.70 Cr | 19.06% | 0.50 | ₹20,751 Cr | ₹70,881 Cr | |
| NA | ₹1,24,467.29 Cr | 47.58% | 0.50 | ₹7,364 Cr | ₹1,701 Cr | |
| BUY | ₹3,07,147.52 Cr | 18.8% | 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: ₹1205.30 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹16,95,944.17Cr 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 |
Key events for Reliance Industries Ltd
Reliance Faces Challenges Amid Oil Swap and Market Decline - 20 Dec, 2024
Reliance Industries has resumed oil swaps with Venezuela's PDVSA under U.S. authorization. However, the stock hit a 52-week low, declining 5% in a week, amid market cap erosion. Analysts suggest a potential rebound, recommending buy positions as the company acquires a stake in Adani Power.Leadership Changes and Financial Strength at Reliance - 14 Dec, 2024
Mukesh Ambani appointed Ira Bindra as Group President for HR, emphasizing leadership transformation. Reliance also secured a significant engineering order and boasts a credit rating above India's sovereign rating.Reliance Industries Faces Challenges Amid Strategic Moves - 13 Dec, 2024
Reliance Industries is experiencing stock declines, facing negative returns for the first time in a decade, while also expanding its portfolio with a significant acquisition and launching a cancer detection test.Reliance Industries Secures Major Oil Deal and Healthcare Investment - 12 Dec, 2024
Reliance Industries is set to invest ₹202.16 crore in Karkinos Healthcare to settle debts and support operations. Additionally, a significant $13 billion oil supply deal with Rosneft strengthens energy ties between India and Russia.Reliance Industries Secures Loan and Supports Karkinos - 11 Dec, 2024
Reliance Industries is negotiating a $3 billion loan while committing Rs 202.16 crore to settle Karkinos Healthcare's debts and an extra Rs 150 crore for its revival.Reliance Industries Faces Challenges Amid Wealth Creation - 10 Dec, 2024
Reliance Industries faces shareholder disappointment post-AGM, seeks $3 billion for debt refinancing, and plans a solar facility. Analysts remain bullish despite stock underperformance.Reliance Industries Explores Investments and New Energy Growth - 09 Dec, 2024
Reliance Industries is focusing on new energy investments, with significant spending already made. The company is also exploring opportunities in Tripura's tourism and bamboo sectors.Reliance Industries Focuses on AI and Green Energy - 08 Dec, 2024
Mukesh Ambani announced plans for Reliance Industries to build AI infrastructure in India, aiming for affordability. The company continues significant investments in 5G, retail, and green energy projects, targeting carbon neutrality by 2035.Telecom Operators Call for Internet Service Stability - 07 Dec, 2024
Telecom operators have requested the government to discourage states from temporarily shutting down internet services, emphasizing the negative impact on citizens and essential functions.Reliance Industries Explores Investments and AI Initiatives - 06 Dec, 2024
Reliance Industries is exploring investment opportunities in Tripura, enhancing its AI capabilities through a government GPU initiative, and remains favored by Morgan Stanley for growth potential.JM Financial Reiterates Buy on Reliance Industries - 05 Dec, 2024
JM Financial has a buy call on Reliance Industries, targeting Rs 1,660, citing potential recovery in EBITDA and internal cash generation despite recent share price declines.Reliance Industries Faces Challenges Amid Growth Strategies - 04 Dec, 2024
Reliance Industries is navigating significant challenges, including subscriber losses in telecom, competition from quick commerce in retail, and strategic expansions in green energy and diagnostics. Despite these hurdles, the company reported a sequential profit rise in Q2 FY25, indicating resilience in its diversified portfolio.Reliance Industries Benefits from Windfall Tax Removal - 03 Dec, 2024
Reliance Industries saw positive market reactions following the government's abolition of the windfall tax, boosting share prices and refining margins. The company also focuses on AI technology and invests in joint ventures, while facing challenges in green hydrogen cost reduction.Reliance Shares Surge After Windfall Tax Removal - 02 Dec, 2024
Reliance Industries' stock increased following the government's decision to abolish the windfall tax on key fuel products, enhancing refining margins and profitability for oil producers.FMCG Sector Faces Challenges from Reliance's Market Strategy - 01 Dec, 2024
Urban demand growth for FMCG is declining, impacted by rising food inflation. Reliance Consumer's aggressive pricing and commissions are capturing market share, posing challenges for existing players.Reliance Industries Dominates FMCG and Media Rankings - 30 Nov, 2024
Reliance Industries is making significant strides in the FMCG market by offering higher margins to distributors. Additionally, it has topped the 2024 Wizikey News Score rankings, showcasing its strong media presence and visibility.Reliance Industries Expands with Strategic Acquisitions and Market Recovery - 29 Nov, 2024
Reliance Industries Ltd's subsidiary acquired a 21% stake in Wavetech Helium, boosting its low-carbon strategy. The stock saw a 2% rise, supported by positive market sentiment and bullish forecasts from major brokerages, indicating potential growth despite recent challenges.Reliance Acquires Helium Stake Amid Stock Pressure - 28 Nov, 2024
Reliance Industries' step-down subsidiary acquired a 21% stake in Wavetech Helium for $12 million, aligning with its low-carbon strategy. However, the stock faced selling pressure, ending 1.7% lower after a significant correction from recent peaks.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.
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
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
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
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 115.6% return, outperforming this stock by 94.4%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 49.11% of holdings in Oct 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Hindustan Petroleum Corporation Ltd has given 56.9% return, outperforming this stock by 58.9%
NEGATIVE IMPACTPrice Dip
In the last 3 months, RELIANCE stock has moved down by -14.7%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 20.72% to 19.63% in Oct 2024 quarter
News
Palani Temple Gold Invested in State Bank of India Gold Bonds
The gold was handed over in the presence of retired Judge of Madras High Court R. Mala. Under the Gold Investment Scheme, the gold ornaments obtained as offerings from the devotees of temples and not used for the deity were converted into 24-carat gold bars and invested in State Bank of India. The interest from the investment was used for the development of the temples. The Palani temple gold handed over to SBI to be invested in gold bonds would get ₹12 crore as interest per year.20 Dec, 2024 09:14 PM2024 Year-End Review: Legal Precedents and IBC Reforms in India
On November 7, 2024, a three-judge bench of the Supreme Court delivered a landmark judgment in State Bank of India vs Consortium of Murari Lal Jalan and Florian Fristch ordering the liquidation of Jet Airways, a once-prominent Indian airline. Emphasising the time value of money, the court exercised its plenary power under Article 142 of the Constitution to set aside the NCLATs directive to forfeit the Successful Resolution Applicants infused funds of Rs200 crore and encash the Performance Bank Guarantee of Rs150 crore. This decision shows that resolution plans are serious contractual commitments and must uphold the core objectives of the IBC.20 Dec, 2024 05:55 PMTop 10 Companies That Paid Maximum Taxes in India for FY 2023
From Reliance Industries Limited to State Bank of India, from Tata Consultancy Services (TCS) to Infosys and others, know which Indian companies made it to the top 10 list of highest tax payers for the Financial Year 2023.20 Dec, 2024 03:10 PMReliance 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 (16.38x)
December 19, 2024
Today (24.52x)
December 19, 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 1.58%.
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 ₹1205.3
Reliance Industries Ltd is listed on NSE
Reliance Industries Ltd is listed on BSE
- Today’s highest price of Reliance Industries Ltd is ₹1239.5.
- Today’s lowest price of Reliance Industries Ltd is ₹1201.5.
PE Ratio of Reliance Industries Ltd is 24.52
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 2.03Cr.
Today’s market capitalisation of Reliance Industries Ltd(RELIANCE) is ₹1695944.17Cr.
| Reliance Industries Ltd(RELIANCE | Price |
|---|---|
52 Week High | ₹1608.8 |
52 Week Low | ₹1201.5 |
Reliance Industries Ltd(RELIANCE) share price is ₹1205.3. It is down -25.08% from its 52 Week High price of ₹1608.8
Reliance Industries Ltd(RELIANCE) share price is ₹1205.3. It is up 0.32% from its 52 Week Low price of ₹1201.5
| Reliance Industries Ltd(RELIANCE | Returns |
|---|---|
1 Day Returns | -25.15% |
1 Month Returns | 0.61% |
3 Month Returns | -17.61% |
1 Year Returns | -3.97% |