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Reliance Industries Ltd

(RELIANCE)

₹1302.152.73%

as on 04:01PM, 04 Nov 2024

🔔 Market Decline Alert

Reliance Industries shares fell 4% to a nine-month low amid heavy selling pressure, with YTD returns turning negative.

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Reliance Industries Ltd Analyst Rating

based on 36 analysts

BUY

75.68%

Buy

16.22%

Hold

8.11%

Sell

Based on 36 analysts offering long term price targets for Reliance Industries Ltd. An average target of ₹1616.43

Source: S&P Global Market Intelligence

Reliance Industries Ltd Share analysis

Reliance Industries Ltd price forecast by 36 analysts

Upside of20.75%

High

₹1950

Target

₹1616.43

Low

₹1300

Reliance Industries Ltd target price ₹1616.43, a slight upside of 20.75% compared to current price of ₹1302.15. According to 36 analysts rating.

Source: S&P Global Market Intelligence

Reliance Industries Ltd Performance

  • Day's Low

    Day's High

    ₹1,285.1
    ₹1,340
  • 52 Week's Low

    52 Week's High

    ₹1,137.6
    ₹1,608.8
1 Month Return-3.45 %
3 Month Return-7.51 %
1 Year Return+ 14.46 %
Previous Close₹1,338.65
Open₹1,337.85
Volume1.98Cr
Upper Circuit-
Lower Circuit-
Market Cap₹18,11,510.60Cr

Reliance Industries Ltd Key Statistics

P/E Ratio26.67
PEG Ratio8.93
Market Cap₹18,11,510.60 Cr
P/B Ratio3.91
EPS58.395
Dividend Yield0.34
SectorRefineries
ROE8.46

Reliance Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹18,11,510.60 Cr20.85%0.65₹79,020 Cr₹9,01,064 Cr
BUY₹3,40,425.61 Cr273.63%0.64₹3,294 Cr₹96,420 Cr
BUY₹6,13,350.22 Cr17.61%0.50₹20,751 Cr₹70,881 Cr
NA₹1,14,990.95 Cr35.72%0.50₹7,364 Cr₹1,701 Cr
BUY₹3,41,869.09 Cr16.87%0.61₹57,100 Cr₹5,91,447 Cr

About Reliance Industries Ltd

Reliance Industries Limited (RIL) is a major conglomerate in India, founded in 1966 by Dhirubhai Ambani. The company operates in various sectors, including petrochemicals, refining, oil and gas exploration, retail, telecommunications, and digital services. RIL is headquartered in Mumbai, Maharashtra, and is registered under the Company Identification Number (CIN) L17110MH1973PLC019786.
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: ₹1302.15 per share as on 04 Nov, 2024 04:01 PM
Market Capitalisation: ₹18,11,510.60Cr 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
OrganisationReliance Industries Ltd
HeadquartersMumbai
IndustryRefineries
E-voting on sharesClick here to vote
Reliance Trends Share Price
Jiomart Share Price
Reliance Fresh Share Price
Reliance Mart Share Price
Reliance Smart Share Price
Jio Cinema Share Price
Reliance Digital Share Price
Jio Share Price
Ajio Share Price

What's happening today

  • img

    Today's Timeline - 04 Nov

    10:57 AM

    -

    Reliance's O2C business faces pressure; analysts lower EBITDA estimates for FY25 and FY26.

    11:15 AM

    -

    Reliance shares fell 4% amid market crash, trading at their lowest since January 2024.

    11:47 AM

    -

    Reliance shares plummeted 4%, turning YTD returns negative, with market cap shrinking to approximately ₹17.40 lakh crore.

  • img

    Today's Timeline - 04 Nov

    12:37 PM

    -

    Reliance Industries shares hit a nine-month low amid heavy selloff after bonus shares started trading.

    05:15 PM

    -

    NSE Nifty 50 and BSE Sensex closed at lowest levels in over a month, led by declines in Reliance Industries.

Key events for Reliance Industries Ltd

  • Reliance Industries Faces Significant Stock Decline - 04 Nov, 2024

    Reliance Industries shares fell sharply, hitting a nine-month low amid heavy selling pressure and market declines. Analysts express concerns over O2C business performance and lower EBITDA estimates.

  • Reliance Consumer Expands into Snacks Market - 03 Nov, 2024

    Reliance Consumer Products aims to disrupt the chips, namkeen, and biscuits market by offering higher trade margins, nearly doubling the typical margins for super stockists. This strategy follows their previous efforts in the cola market with Campa.

  • Reliance Industries to Launch 5G Network in Ghana - 02 Nov, 2024

    Reliance Industries, led by Mukesh Ambani, is set to revolutionize Ghana's internet connectivity by launching a low-cost 5G network, enhancing economic opportunities and addressing the country's debt crisis.

  • Key Developments for Reliance Industries on November 1, 2024 - 01 Nov, 2024

    On November 1, 2024, Reliance Industries saw significant events including EU approval for its Disney joint venture, a penalty on Ambani by Sebi, and a revenue decline in retail. Bonus shares began trading during the Muhurat session, reflecting ongoing market activity.

  • Reliance Industries Reports Growth and Strategic Moves - 31 Oct, 2024

    Reliance Industries secures a significant order, reports strong profits from Jio, and sees EU approval for a joint venture with Disney. Bonus shares debut on Diwali.

  • Reliance Expands 5G, Retail, and Energy Ventures - 30 Oct, 2024

    Reliance Industries continues to strengthen its position with Reliance New Energy acquiring Faradion, while Jio leads in mobile data traffic. Additionally, Reliance Retail enhances quick commerce and partners for affordable onion sales.

  • Reliance Industries Completes Key Acquisitions and Bonus Issue - 29 Oct, 2024

    Reliance Industries allotted bonus shares, adjusted stock prices post-issue, and completed the acquisition of Faradion. JFS also invested in Jio BlackRock ventures.

  • Reliance Industries Bonus Issue and Market Performance - 28 Oct, 2024

    Reliance Industries announced a 1:1 bonus share issue, leading to significant trading activity. Despite recent declines, analysts remain optimistic about future growth. Jio's subscriber base showed slight improvement amid overall user decline.

  • Reliance Industries Announces Bonus Shares and Health Initiatives - 27 Oct, 2024

    Reliance Industries declared a 1:1 bonus share issue and reported a 5% decline in Q2 net profit. Nita Ambani launched a Health Seva Plan for women and children, pledging free treatments for over 1 lakh individuals.

  • Reliance Industries Announces Key Developments and Changes - 26 Oct, 2024

    Reliance Industries is making significant moves, including a partnership with NVIDIA for AI, a merger approval with Disney, and a bonus share issue. However, Jio faces user losses.

  • Reliance Industries Announces Key Developments and Initiatives - 25 Oct, 2024

    Reliance Industries reports significant updates, including a relocation of its crude oil trading team, a bonus share issue, and advancements in Jio's technology and subscriber growth.

  • JioHotstar Domain Acquisition Amid Disney Merger Talks - 24 Oct, 2024

    A Delhi developer has acquired the JioHotstar domain, offering it to Reliance as the company prepares for a merger with Disney's Hotstar. Mukesh Ambani praised Meta's open-source Llama language, while Indian telecom operators urged the government to reduce license fees.

  • Reliance Industries Faces Market Fluctuations and Bonus Issue - 23 Oct, 2024

    Reliance Industries experiences a stock drop amid market fluctuations but announces a significant 1:1 bonus issue. The potential removal of windfall tax may enhance profitability for the company.

  • Reliance Industries Faces Market Challenges Amid Merger Approval - 22 Oct, 2024

    Reliance Industries is in talks to sell subsidized food items through its retail chain. The stock shows bearish signals ahead of a bonus issue, while the market closes low due to its performance. The CCI has approved the merger with Disney, imposing conditions including divestment of TV channels.

  • Reliance Industries: Campa Cola Relaunch and Financial Updates - 21 Oct, 2024

    Reliance Industries is set to relaunch Campa Cola, challenging major competitors. Mukesh Ambani's recent donation and mixed financial results highlight the company's ongoing activities and market strategies.

  • Reliance Industries Revives Campa Cola Amid Challenges - 20 Oct, 2024

    Reliance Industries is re-entering the beverage market with Campa Cola, employing aggressive pricing strategies. However, it faces challenges with low exports and a customs fine.

  • Reliance Industries Positioned for Growth Amid Strategic Moves - 19 Oct, 2024

    Reliance Industries is focusing on growth through digital, retail, and new energy sectors, with analysts projecting significant stock price increases. The company retains Disney+ Hotstar as its main streaming platform and has launched Jio Financial Services for investment solutions.

  • Reliance Industries Reports Earnings and Strategic Ventures - 18 Oct, 2024

    Reliance Industries showcases a mixed financial performance with a profit decline, while forming strategic partnerships, including a joint venture with Mothercare and a merger with Disney.

  • Reliance Industries Announces Bonus Shares and Acquisitions - 17 Oct, 2024

    Reliance Industries' board approved a 1:1 bonus share issue and increased authorized capital. Shares rose 1.1% post-announcement. Additionally, Reliance Brands acquired a 51% stake in the Mothercare brand joint venture for £16 million.

  • Reliance Reports Profit Decline, Announces Bonus Shares - 16 Oct, 2024

    Reliance Industries faced a 5% profit drop in Q2, while announcing a 1:1 bonus share issue and securing a major merger with Disney. The company also filed over 3,000 patents in advanced technologies.

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.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, RELIANCE stock has moved up by 0.3%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 10.15% to 10.43% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.65% to 7.85% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 2.35L Cr → 2.36L Cr (in ₹), with an average increase of 0.3% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 15.13K Cr → 16.56K Cr (in ₹), with an average increase of 8.6% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Hindustan Petroleum Corporation Ltd has given 118.1% return, outperforming this stock by 103.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 49.11% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Hindustan Petroleum Corporation Ltd has given 77.5% return, outperforming this stock by 59.5%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 21.07% to 20.72% in Sep 2024 quarter

News

Eicher Motors jumps 3% to hit lifetime high, stock price crosses ₹5,000 mark

Eicher Motors has been on a year-long gaining spree, rallying 48.63% during the period. The stock is up over 35% in the last 6 months.26 Jul, 2024 05:12 PM

Trade Spotlight: How should you trade Eicher Motors, Info Edge, Mahanagar Gas, Snowman Logistics, and others on Monday?

Apollo Hospitals Enterprise, One 97 Communications (Paytm), Piramal Enterprises,Campus Activewear,IDFC First Bank, and Quess Corp will be in focus on Monday.28 Jul, 2024 11:35 AM

Eicher Motors Share Price Live Updates: Eicher Motors Closes at Rs 5012.50 with 6-Month Beta of 1.401

Join us on the Eicher Motors Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock. Stay in the know with the latest information about Eicher Motors, including: Last traded price 5034.0, Market capitalization: 137347.77, Volume: 656, Price-to-earnings ratio 34.33, Earnings per share 146.02. Our liveblog provides a well-rounded view of Eicher Motors by incorporating both fundamental and technical indicators. Be the first to receive breaking news that can impact Eicher Motors's performance in the market. Our expert analysis and recommendations empower you to make informed investment choices. Stay informed and stay ahead with the Eicher Motors Stock Liveblog. The data points are updated as on 29-07-2024 09:12 IST29 Jul, 2024 08:32 AM
View More

Reliance Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹2,31,886.00Cr (-)₹2,25,086.00Cr (↓2.93%)₹2,36,533.00Cr (↑5.09%)₹2,31,784.00Cr (↓2.01%)₹2,31,535.00Cr (↓0.11%)
Net Income₹19,820.00Cr (-)₹19,641.00Cr (↓0.90%)₹21,143.00Cr (↑7.65%)₹17,448.00Cr (↓17.48%)₹19,101.00Cr (↑9.47%)
Net Profit Margin8.55% (-)8.73% (↑2.11%)8.94% (↑2.41%)7.53% (↓15.77%)8.25% (↑9.56%)
Value in ₹ crore
Details2021202220232024
Total Assets₹8,93,976.00Cr (-)₹8,79,159.00Cr (↓1.66%)₹9,23,055.00Cr (↑4.99%)₹9,60,137.00Cr (↑4.02%)
Total Liabilities₹4,19,493.00Cr (-)₹4,07,632.00Cr (↓2.83%)₹4,43,977.00Cr (↑8.92%)₹4,45,041.00Cr (↑0.24%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹77,533.00Cr (-)-₹512.00Cr (↓100.66%)₹67,491.00Cr (↓13,281.84%)₹55,340.00Cr (↓18.00%)₹73,998.00Cr (↑33.72%)

Index Inclusions

Nifty 100 Liquid 15

₹6,433.65

-1.35 (-88.2%)

S&P BSE Energy

₹11,586.78

-2.51 (-297.76%)

Nifty100 Low Volatility 30

₹19,524.95

-1.15 (-226.5%)

Nifty 200

₹13,513.55

-1.29 (-176.8%)

Nifty LargeMidcap 250

₹15,685.80

-1.25 (-198.9%)

NIFTY 50

₹23,995.35

-1.27 (-309%)

Nifty100 Eq Weig

₹32,172.25

-1.32 (-431.7%)

BSE MFG

₹1,028.11

-1.59 (-16.6%)

SENSEX

₹78,782.24

-1.18 (-941.88%)

NIFTY 100

₹24,857.75

-1.3 (-326.85%)

BSE 100

₹25,328.43

-1.26 (-323.44%)

Nifty 500

₹22,518.30

-1.34 (-305.25%)

S&P BSE Dividend Stability

₹1,023.58

-1.46 (-15.21%)

S&P BSE OIL & GAS

₹27,004.71

-2.54 (-702.85%)

S&P BSE 100 LargeCap TMC

₹8,952.97

-1.32 (-119.79%)

Nifty Commodities

₹8,760.15

-2.21 (-198.25%)

S&P BSE Largecap

₹9,327.53

-1.29 (-121.51%)

Nifty Infra

₹8,681.70

-2.11 (-187.45%)

S&P BSE Low Volatility

₹1,794.39

-1.3 (-23.57%)

S&P BSE SENSEX 50

₹25,234.26

-1.27 (-325.5%)

S&P BSE 100 ESG

₹395.47

-1.29 (-5.18%)

Nifty Energy

₹38,604.75

-2.6 (-1030.9%)

S&P BSE 250 LargeMidCap

₹10,473.16

-1.28 (-136.27%)

S&P BSE AllCap

₹10,400.24

-1.35 (-142.15%)

BSE 200

₹11,037.46

-1.27 (-141.51%)

BSE 500

₹35,474.13

-1.33 (-477.59%)

Reliance Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
49.11%
0.00
Foreign Institutions
20.72%
-1.68
Mutual Funds
7.85%
2.65
Retail Investors
10.43%
2.75
Others
11.9%
-1.07

Reliance Industries Ltd Key Indicators

Details20202021202220232024
Return On Assets %4.055.56.97.237.25
Details20202021202220232024
Book Value Per Share (₹)318.61465.08523.03480.28586.38
Details20202021202220232024
Earning Per Share (₹)28.2937.8545.5249.7158.4
Details20202021202220232024
Return On Equity %8.616.398.269.38.46

Reliance Industries Ltd Valuation

Reliance Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (10.20x)

October 27, 2019

Industry (17.32x)

November 1, 2024

Today (26.67x)

November 1, 2024

Highest (36.05x)

October 14, 2020

LowHigh

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 Results
  • Reliance Industries Ltd Dividends April,2024

    In the quarter ending March 2024, Reliance Industries Ltd has declared dividend of ₹10 - translating a dividend yield of 1.42%.

    Read More about Dividends

Reliance Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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 ₹1302.15

Reliance Industries Ltd is listed on NSE

Reliance Industries Ltd is listed on BSE

  • Today’s highest price of Reliance Industries Ltd is ₹1340.
  • Today’s lowest price of Reliance Industries Ltd is ₹1285.1.

PE Ratio of Reliance Industries Ltd is 26.67

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 1.98Cr.

Today’s market capitalisation of Reliance Industries Ltd(RELIANCE) is ₹1811510.6Cr.

Reliance Industries Ltd(RELIANCEPrice
52 Week High
₹1608.8
52 Week Low
₹1137.6

Reliance Industries Ltd(RELIANCE) share price is ₹1302.15. It is down -19.06% from its 52 Week High price of ₹1608.8

Reliance Industries Ltd(RELIANCE) share price is ₹1302.15. It is up 14.46% from its 52 Week Low price of ₹1137.6

Reliance Industries Ltd(RELIANCEReturns
1 Day Returns
-36.5%
1 Month Returns
-3.45%
3 Month Returns
-7.51%
1 Year Returns
14.46%