🔔 Market Decline Alert
Reliance Industries shares fell 4% to a nine-month low amid heavy selling pressure, with YTD returns turning negative.
based on 36 analysts
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 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.
Excluding Excise Duty and Other Income, represents Net Revenue
Reliance Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:14.70%
Forecast
Actual
Including amortisation and stock based compensations
Reliance Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:26.51%
Forecast
Actual
Source: S&P Global Market Intelligence
Day's Low
Day's High
52 Week's Low
52 Week's High
Returns % | |
1 Month Return | -3.45 % |
3 Month Return | -7.51 % |
1 Year Return | + 14.46 % |
Market Stats | |
Previous Close | ₹1,338.65 |
Open | ₹1,337.85 |
Volume | 1.98Cr |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹18,11,510.60Cr |
P/E Ratio | 26.67 |
PEG Ratio | 8.93 |
Market Cap | ₹18,11,510.60 Cr |
P/B Ratio | 3.91 |
EPS | 58.395 |
Dividend Yield | 0.34 |
Sector | Refineries |
ROE | 8.46 |
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
---|---|---|---|---|---|---|
BUY | ₹18,11,510.60 Cr | 20.85% | 0.65 | ₹79,020 Cr | ₹9,01,064 Cr | |
BUY | ₹3,40,425.61 Cr | 273.63% | 0.64 | ₹3,294 Cr | ₹96,420 Cr | |
BUY | ₹6,13,350.22 Cr | 17.61% | 0.50 | ₹20,751 Cr | ₹70,881 Cr | |
NA | ₹1,14,990.95 Cr | 35.72% | 0.50 | ₹7,364 Cr | ₹1,701 Cr | |
BUY | ₹3,41,869.09 Cr | 16.87% | 0.61 | ₹57,100 Cr | ₹5,91,447 Cr |
Organisation | Reliance Industries Ltd |
Headquarters | Mumbai |
Industry | Refineries |
E-voting on shares | Click here to vote |
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.
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 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 help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Price Rise
In the last 7 days, RELIANCE stock has moved up by 0.3%
Retail Holding Up
Retail Investor have increased holdings from 10.15% to 10.43% in Sep 2024 quarter
MF Holding Up
Mutual Funds have increased holdings from 7.65% to 7.85% in Sep 2024 quarter
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
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
Against Peers
In the last 1 year, Hindustan Petroleum Corporation Ltd has given 118.1% return, outperforming this stock by 103.6%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 49.11% of holdings in Sep 2024 quarter
Against Peers
In the last 3 years, Hindustan Petroleum Corporation Ltd has given 77.5% return, outperforming this stock by 59.5%
FII Holding Down
Foreign Institutions have decreased holdings from 21.07% to 20.72% in Sep 2024 quarter
News
Investors | Holdings % | FY Quarter | 3M change |
---|---|---|---|
Promoter Holdings | 49.11% | 0.00 | |
Foreign Institutions | 20.72% | ||
Mutual Funds | 7.85% | 2.65 | |
Retail Investors | 10.43% | 2.75 | |
Others | 11.9% |
Reliance Industries Ltd in the last 5 years
Lowest (10.20x)
October 27, 2019
Industry (17.32x)
November 1, 2024
Today (26.67x)
November 1, 2024
Highest (36.05x)
October 14, 2020
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 ResultsIn the quarter ending March 2024, Reliance Industries Ltd has declared dividend of ₹10 - translating a dividend yield of 1.42%.
Read More about DividendsBearish
Neutral
Bullish
Reliance Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.
Reliance Industries Ltd (RELIANCE) share price today is ₹1302.15
Reliance Industries Ltd is listed on NSE
Reliance Industries Ltd is listed on BSE
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(RELIANCE | Price |
---|---|
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(RELIANCE | Returns |
---|---|
1 Day Returns | -36.5% |
1 Month Returns | -3.45% |
3 Month Returns | -7.51% |
1 Year Returns | 14.46% |