Analyst Rating
based on 36 analysts
67.57%
Buy
24.32%
Hold
8.11%
Sell
Based on 36 analysts offering long term price targets for Reliance Industries Ltd. An average target of ₹3313.64
Source: S&P Global Market Intelligence
Reliance Industries Ltd Share analysis
Reliance Industries Ltd price forecast by 36 analysts
Upside of12.53%
High
₹3900
Target
₹3313.64
Low
₹2650
Reliance Industries Ltd target price ₹3313.64, a slight upside of 12.53% compared to current price of ₹2926.9. According to 36 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Reliance Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:17.81%
Forecast
Actual
Including amortisation and stock based compensations
Reliance Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:32.02%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹2,921.1₹2,96452 Week's Low
52 Week's High
₹2,220.3₹3,217.6
| Returns % | |
| 1 Month Return | -1.08 % |
| 3 Month Return | -0.59 % |
| 1 Year Return | + 20.86 % |
| Market Stats | |
| Previous Close | ₹2,944.60 |
| Open | ₹2,940.00 |
| Volume | 42.87L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹19,92,261.96Cr |
Key Statistics
| P/E Ratio | 28.98 |
| PEG Ratio | 1.99 |
| Market Cap | ₹19,92,261.96 Cr |
| P/B Ratio | 3.91 |
| EPS | 116.79 |
| Dividend Yield | 0.34 |
| Sector | Refineries |
| ROE | 8.46 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹19,92,261.96 Cr | 34.31% | 0.65 | ₹79,020 Cr | ₹9,01,064 Cr | |
| BUY | ₹3,39,173.13 Cr | 392.79% | 0.64 | ₹3,294 Cr | ₹96,420 Cr | |
| BUY | ₹6,34,966.00 Cr | 22.45% | 0.50 | ₹20,751 Cr | ₹70,881 Cr | |
| BUY | ₹1,15,406.62 Cr | 45.79% | 0.50 | ₹7,364 Cr | ₹1,701 Cr | |
| BUY | ₹3,70,677.93 Cr | 26.4% | 0.61 | ₹57,100 Cr | ₹5,91,447 Cr |
Company Information
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: ₹2926.90 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹19,92,261.96Cr as of today
Revenue: ₹2,31,784.00Cr as on June 2024 (Q2 24)
Net Profit: ₹17,448.00Cr as on June 2024 (Q2 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 Industries Benefits from Tax Reduction - 18 Sep, 2024
Reliance Industries Ltd. is positively impacted by the government's decision to eliminate the windfall tax on domestic crude production, providing relief to oil marketing companies.
Reliance Industries Expands Ventures and Announces Bonus Shares - 17 Sep, 2024
Reliance Industries is actively expanding its operations through a joint venture for data centers, significant retail growth, and a merger with Disney, alongside announcing a bonus share issue to enhance shareholder value.
Reliance Retail Expands FMCG Operations and Investment - 16 Sep, 2024
Reliance Retail is transferring its FMCG brands to Reliance Consumer Products Ltd and plans a Rs 3,900 crore investment to enhance operations and market presence.
Reliance Retail Expands Trading Area for Growth - 15 Sep, 2024
Reliance Retail has increased its trading area for non-food and general merchandise by 50% to enhance margins and strengthen its e-commerce capabilities. The company aims to double its business in the next 3-4 years, focusing on premium segments and luxury jewelry.
Reliance Sets Deadline for Partly Paid Shares - 14 Sep, 2024
Reliance Industries has announced a September 20 deadline for payment on partly paid shares, warning of forfeiture and ineligibility for a bonus issue. The board approved a 1:1 bonus share issue and an increase in authorized share capital.
Reliance Industries Faces Penalty, Expands Retail Ventures - 13 Sep, 2024
Reliance Industries is navigating a Rs 63 lakh penalty while expanding its retail footprint with the launch of Armani/Caffe and appointing Bhakti Modi as CEO of Tira. The company also aims to double Jio's revenues and has set a deadline for unpaid dues on partly paid shares.
Reliance Faces Tax Penalty, Plans Appeal - 12 Sep, 2024
Reliance Industries Ltd has received a penalty of Rs 63 lakh from the Deputy Commissioner of State Tax for incorrect input tax credit claims. The company plans to appeal the decision.
Reliance Forms Joint Venture with Delta Galil - 11 Sep, 2024
Reliance Retail has entered a 50:50 joint venture with Delta Galil Industries to innovate in the Indian apparel market, focusing on intimate and activewear. This partnership aims to leverage Reliance's distribution network and launch new lifestyle stores within 18 months.
Reliance Forms Joint Venture with Delta Galil Industries - 10 Sep, 2024
Reliance Industries has entered a 50:50 joint venture with Delta Galil Industries to strengthen its position in the apparel market, focusing on intimate and activewear. This partnership aims to leverage Delta Galil's expertise and expand Reliance's offerings, aligning with its goal to double business in the next few years.
Jio Financial Services Expands Business Ventures - 09 Sep, 2024
Jio Financial Services, part of Reliance Industries, announces a new business venture. Additionally, Pradhin Ltd is in talks for a Rs 1 billion order with Reliance for TMT bars.
Reliance Industries Announces Bonus Shares Amid Market Activity - 08 Sep, 2024
Reliance Industries approved a 1:1 bonus share issue, with a record date likely in October. The stock shows positive trading signals, while the company addresses wildlife concerns at Kuno National Park.
RIL Announces Historic Bonus Share Issue - 07 Sep, 2024
Reliance Industries Limited has approved a 1:1 bonus share issue, marking the largest in Indian market history. This initiative aims to reward shareholders during the festive season.
Reliance Announces Bonus Shares Amid Market Decline - 06 Sep, 2024
Reliance Industries approved a 1:1 bonus share issuance, but shares fell over 2% on the same day. The company also secured a 10 GWh battery plant under the PLI scheme, enhancing its local manufacturing efforts.
RIL Announces Bonus Shares Amid Strategic Developments - 05 Sep, 2024
Reliance Industries Ltd announces a 1:1 bonus share issue, awarded a battery storage project, and plans to double Jio's revenue. Shares fell slightly amid these announcements.
Reliance Secures Major ACC Capacity Under PLI Scheme - 04 Sep, 2024
Reliance Industries Limited has been awarded a 10 GWh capacity for Advanced Chemistry Cell manufacturing under the Production Linked Incentive scheme, enhancing its position in battery production.
Reliance Industries Set for Bonus Issue and Growth - 03 Sep, 2024
Reliance Industries is gearing up for a potential 1:1 bonus share issuance, with positive outlooks from brokerages and strong financial performance, including record profits. The stock shows bullish patterns, indicating potential for outperformance against the Nifty index.
Reliance Industries Announces Bonus Shares and Merger Approvals - 02 Sep, 2024
Reliance Industries is set to issue a 1:1 bonus share for shareholders, the first since 2017. The NCLT approved the merger with Disney's Star India, while CCI raised concerns about potential anti-competitive effects. Morgan Stanley remains bullish on the stock, targeting ₹3,416 per share.
Reliance Industries Announces Bonus Shares and New Ventures - 01 Sep, 2024
Reliance Industries is set to issue 1:1 bonus shares for shareholders, marking its first such move since 2017. Additionally, Isha Ambani announced plans for Reliance Retail's entry into the luxury jewellery market, while Jio will provide 100 GB of free cloud storage during Diwali. A board meeting is scheduled to finalize the bonus share issuance, indicating the company's robust financial position.
Reliance Industries Reports Strong Developments and Growth - 31 Aug, 2024
Reliance Industries showcases significant advancements, including Jio's AI platform, strong news business performance, and rapid 5G adoption. CCI approval for the Disney merger removes regulatory hurdles, enhancing market confidence.
Reliance Industries Announces Growth Plans and Media Merger - 30 Aug, 2024
Reliance Industries outlines ambitious growth strategies at its AGM, focusing on new energy and media integration with Disney. Analysts express mixed sentiments on growth projections, while the company secures regulatory approvals for significant mergers, aiming to solidify its market leadership.
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 IMPACTPrice Rise
In the last 6 months, RELIANCE stock has moved up by 2.3%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 7.32% to 7.65% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Hindustan Petroleum Corporation Ltd has given 125.0% return, outperforming this stock by 89.5%
- NO EFFECT
Against Peers
In the last 1 year, Hindustan Petroleum Corporation Ltd has given 138.5% return, outperforming this stock by 117.6%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 49.11% of holdings in Jun 2024 quarter
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 2.41L Cr → 2.35L Cr (in ₹), with an average decrease of 2.2% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 10.17% to 10.15% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 18.95K Cr → 15.13K Cr (in ₹), with an average decrease of 20.1% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 21.38% to 21.07% in Jun 2024 quarter
Reliance Industries Ltd Infographics
Reliance Industries Ltd Q1 FY2024-2025 Results: Key Insights
Reliance has announced its Q1FY25 earnings, highlighting key performance metrics for the quarter.
News
This company of Mukesh Ambani gave 52% return in 9 days, a jump of 75% in a month, the company is…
.It was established in 1989 and began operations in 1992. Acquired by RCPL on May 24, 2023, Lotus Chocolate has since been competing fiercely with giants like Britannia Industries and Nestle India.30 Jul, 2024 07:47 PMReliance Industries Share Price Live blog for 31 Jul 2024
Reliance Industries Share Price Today Live Updates : Reliance Industries stock price went down today, 31 Jul 2024, by -0.5 %. The stock closed at 3040.75 per share. The stock is currently trading at 3025.55 per share. Investors should monitor Reliance Industries stock price closely in the coming days and weeks to see how it reacts to the news.31 Jul, 2024 08:00 AMNot found. Sign Up to RSS.app to use this feed.
Not found. Sign Up to RSS.app to use this feed. - create a new RSS feed at RSS.app. - (tqqub1lGCHymp0ig)01 Aug, 2024 01:53 AMCompany Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 49.11% | 0.00 | |
| Foreign Institutions | 21.07% | ||
| Mutual Funds | 7.65% | 4.40 | |
| Retail Investors | 10.15% | ||
| Others | 12.03% | 0.11 |
Key Indicators
Reliance Industries Ltd Valuation
Reliance Industries Ltd in the last 5 years
Lowest (12.41x)
March 23, 2020
Industry (19.31x)
September 17, 2024
Today (28.98x)
September 17, 2024
Highest (36.05x)
October 14, 2020
Earnings and Dividends
Reliance Industries Ltd Earnings Results
Reliance Industries Ltd’s net profit fell -5.45% since last year same period to ₹15,138Cr in the Q1 2024-2025. On a quarterly growth basis, Reliance Industries Ltd has generated -20.12% fall 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 0.65%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Reliance Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Reliance Industries Ltd (RELIANCE) share price today is ₹2926.9
Reliance Industries Ltd is listed on NSE
Reliance Industries Ltd is listed on BSE
- Today’s highest price of Reliance Industries Ltd is ₹2964.
- Today’s lowest price of Reliance Industries Ltd is ₹2921.1.
PE Ratio of Reliance Industries Ltd is 28.98
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 42.87L.
Today’s market capitalisation of Reliance Industries Ltd(RELIANCE) is ₹1992261.96Cr.
| Reliance Industries Ltd(RELIANCE | Price |
|---|---|
52 Week High | ₹3217.6 |
52 Week Low | ₹2220.3 |
Reliance Industries Ltd(RELIANCE) share price is ₹2926.9. It is down -9.03% from its 52 Week High price of ₹3217.6
Reliance Industries Ltd(RELIANCE) share price is ₹2926.9. It is up 31.82% from its 52 Week Low price of ₹2220.3
| Reliance Industries Ltd(RELIANCE | Returns |
|---|---|
1 Day Returns | -17.7% |
1 Month Returns | -1.08% |
3 Month Returns | -0.59% |
1 Year Returns | 20.86% |