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RELIANCE Stock Chart & Stats
₹1365.10
₹24.65(1.99%)
At close: 4:00 PM EST
₹1365.10
₹24.65(1.99%)
Day’s Range― - ―
52-Week Range₹1,253.65 - ₹1,611.20
Previous CloseN/A
Volume19.34M
Average Volume (3M)667.36K
Market Cap
₹17.95T
Enterprise Value₹21.56M
Total Cash (Recent Filing)₹2.43T
Total Debt (Recent Filing)₹3.98T
Price to Earnings (P/E)22.2
Beta1.05
Next Earnings
Oct 16, 2026EPS Estimate
17.31Next Dividend Ex-DateN/A
Dividend Yield0.35%
Share Statistics
EPS (TTM)59.69
Shares Outstanding13,532,539,000
10 Day Avg. Volume749,320
30 Day Avg. Volume667,355
Financial Highlights & Ratios
PEG Ratio1.41
Price to Book (P/B)2.02
Price to Sales (P/S)1.72
P/FCF Ratio35.07
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,648.33Price Target Upside20.75% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)63.36
Revenue Forecast (FY)₹12.10T
Bulls Say, Bears Say
Bulls Say
Diversified Conglomerate Across Energy, Retail, And DigitalReliance's multi‑segment model (O2C refining/petrochemicals, Jio digital, and large retail footprint) provides structural revenue diversification. This mix cushions commodity cyclicality with recurring telecom and retail cashflows, supporting more durable consolidated earnings and investment flexibility over months.
Improving Operating Cash Flow And Free Cash FlowA clear improvement in operating cash flow and a substantial positive free cash flow in 2026 signal stronger internal funding capacity. Durable cash generation enhances the firm's ability to fund capex, network expansion, and strategic investments without relying solely on external financing.
Large Scale With Steady Revenue And Net Income GrowthConsistent top‑line expansion and a sizable net income base reflect entrenched scale advantages in refining, retail distribution and digital services. Scale underpins purchasing, distribution efficiency and pricing power, which are durable competitive levers in capital‑intensive industries.
Bears Say
Margin Compression Across Gross And EBITDA MarginsTrend of falling gross and EBITDA margins reduces intrinsic earnings power and increases reliance on volumes. In a spread‑driven refining and petrochemicals business, sustained margin pressure can materially weaken profitability regardless of scale, making earnings more cyclical and less resilient.
Historical Volatility In Free Cash Flow And Heavy Investment CyclesPrior periods of negative FCF indicate that investments can heavily depress cash conversion. This cyclical capex profile can force timing mismatches between cash needs and receipts, constraining discretionary spend and increasing reliance on external funding in downcycles.
Moderate Leverage With Rising Debt And Middling ROEWhile leverage is moderate, rising debt alongside expansion reduces balance sheet slack. Coupled with only mid‑single digit ROE, the company shows limited capital efficiency, which may constrain capacity to fund new growth without affecting financial flexibility during cyclical stress.
Reliance Industries Limited News
RELIANCE FAQ
What was Reliance Industries Limited’s price range in the past 12 months?
Reliance Industries Limited lowest stock price was ₹1253.65 and its highest was ₹1611.20 in the past 12 months.
What is Reliance Industries Limited’s market cap?
Reliance Industries Limited’s market cap is ₹17.95T.
When is Reliance Industries Limited’s upcoming earnings report date?
Reliance Industries Limited’s upcoming earnings report date is Oct 16, 2026 which is in 89 days.
How were Reliance Industries Limited’s earnings last quarter?
Reliance Industries Limited released its earnings results on Jul 17, 2026. The company reported ₹14.1 earnings per share for the quarter, missing the consensus estimate of ₹14.753 by -₹0.653.
Is Reliance Industries Limited overvalued?
According to Wall Street analysts Reliance Industries Limited’s price is currently Undervalued.
Does Reliance Industries Limited pay dividends?
Reliance Industries Limited pays a Annually dividend of ₹6 which represents an annual dividend yield of 0.35%. See more information on Reliance Industries Limited dividends here
What is Reliance Industries Limited’s EPS estimate?
Reliance Industries Limited’s EPS estimate is 17.31.
How many shares outstanding does Reliance Industries Limited have?
Reliance Industries Limited has 13,532,539,000 shares outstanding.
What happened to Reliance Industries Limited’s price movement after its last earnings report?
Reliance Industries Limited reported an EPS of ₹14.1 in its last earnings report, missing expectations of ₹14.753. Following the earnings report the stock price went up 2.591%.
Which hedge fund is a major shareholder of Reliance Industries Limited?
Currently, no hedge funds are holding shares in IN:RELIANCE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Reliance Industries Limited
Reliance Industries Limited, a Mumbai-headquartered Indian conglomerate founded in 1973, manages a vast array of global enterprises. The company's operations span numerous key sectors, including hydrocarbon exploration and extraction, the production of oil and chemicals, textile manufacturing, diverse retail formats, digital services, advanced materials and composites, renewable energy initiatives, and financial offerings. Within its extensive energy and chemicals division, RIL is actively involved in discovering, developing, and extracting crude oil and natural gas. It manufactures and distributes a broad range of refined petroleum products like diesel, gasoline, aviation turbine fuel, liquefied petroleum gas, naphtha, kerosene oil, sulfur, and petroleum coke. Furthermore, its petrochemical segment produces a wide variety of industrial chemicals, such as high-, low-, and linear low-density polyethylene, polypropylene, polyvinyl chloride, polyester fibers and yarns, purified terephthalic acid, ethylene glycols and oxide, paraxylene, ortho xylene, benzene, linear alkyl benzene, paraffin, poly butadiene rubber, styrene butadiene rubber, butyl rubber, and polyethylene terephthalate. The company's retail arm operates a comprehensive network of stores, ranging from local neighborhood shops and supermarkets to large-scale hypermarkets, wholesale cash-and-carry outlets, and specialty stores, all supported by an online presence. These retail ventures provide consumers with a wide selection of products, including apparel, beauty products, accessories, footwear, electronics, and connectivity solutions. RIL also delivers an extensive suite of digital services under its "Jio" brand. Its textile business is responsible for producing and marketing various yarns, fabrics, apparel, and automotive furnishing materials. Moreover, the conglomerate ventures into financial services, offering non-banking financial products and insurance brokerage. Other significant operations include managing news and entertainment platforms, such as Network18 and various television channels, publishing magazines, and providing highway hospitality and fleet management services.
RELIANCE Stock 12 Month Forecast
Average Price Target
₹1,648.33
▲(20.75% Upside)
Technical Analysis
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