Reliance Industries Ltd Stock Price Today (NSE: RELIANCE)

Reliance Industries Ltd

1350.5018.70 (1.37%)
Market Closed

Fundamental Score

...

Reliance Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Reliance Industries Ltd share price today is 1350.50, down 1.37% on NSE/BSE as of 22 April 2026. Reliance Industries Ltd (RELIANCE) is a Large-cap company in the Refineries & Marketing sector with a market capitalisation of 21.20L (Cr). The 52-week high for RELIANCE share price is 1611.80 and the 52-week low is 1285.40. At a P/E ratio of 27.66x, RELIANCE is currently trading above its industry average P/E of 11.60x. The company has a Return on Equity (ROE) of 8.40% and a debt-to-equity ratio of 0.43.

Reliance Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
0.00
Low
0.00
Volume
0
Change
-1.37%

Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹1350.50— Analysis below may reference an earlier price snapshot.

Reliance Share Price: Financial Stability Analysis

The Refineries & Marketing sector is currently facing a dynamic landscape shaped by fluctuating global crude oil prices and evolving regulatory policies concerning emissions. This presents both opportunities and challenges for companies operating within this space. Our financial analysis focuses on the stability of Reliance share price, examining key metrics and comparing Reliance Industries Ltd (RIL) to its peers.

Currently, Reliance Industries Ltd. is trading at ₹1450.800049, with a Price-to-Earnings (PE) ratio of 27.66 and a Return on Capital Employed (ROCE) of 9.69%. The PE ratio suggests investors are willing to pay a relatively high price for each rupee of earnings, indicating positive market sentiment. However, a more comprehensive assessment requires benchmarking against sector peers such as Bharat Petroleum Corporation Limited and others. While financial metrics are important, differences in management quality and strategic vision between companies like Reliance and Bharat Petroleum Corporation Limited can significantly impact long-term performance. These qualitative factors are vital for a holistic risk assessment.

The ROCE of 9.69% reflects the efficiency with which Reliance Industries Ltd. is using its capital to generate profits. A consistently healthy ROCE contributes to the company's economic moat – its ability to sustain competitive advantages and protect its profitability. A higher ROCE, sustained over time, typically implies a stronger competitive position. However, it's crucial to analyze the trend of the ROCE over several years to ascertain whether the moat is expanding or diminishing.

This analysis is part of a more extensive 80-parameter fundamental audit, thoroughly verified by Sweta Mishra, designed to provide a comprehensive risk assessment of Reliance Industries Ltd. It is important to note that this is an observational analysis based on publicly available data and current market conditions. No buy or sell recommendations are implied.

Analysis by Sweta Mishra
SEBI Registered Research Analyst

Reliance Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
1357.001358.201328.001350.50212.77L (Cr)
1384.201384.401362.901369.20144.05L (Cr)
1335.001365.001334.101343.90243.94L (Cr)
1401.001404.701345.001348.10232.57L (Cr)
1420.001430.501408.401413.10190.39L (Cr)
1420.001422.401406.601411.80186.19L (Cr)
1400.001415.601391.001407.80189.69L (Cr)
1398.001430.001396.101414.40229.95L (Cr)
1388.001415.701376.101384.80164.98L (Cr)
1397.201412.901397.201408.1095.59L (Cr)

Reliance Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
1384.201384.401328.001350.50-2.43%
1375.501434.001307.001343.90-2.30%
1340.001489.501335.501393.90+4.02%
1573.701611.801368.001395.40-11.33%
1575.001580.901517.601570.40-0.29%
1486.001581.301470.101567.50+5.48%
1367.001508.301356.901486.40+8.73%
1356.001422.001340.601364.00+0.59%
1386.901431.901350.001357.20-2.14%
1500.601551.001382.201390.20-7.36%
1412.101524.801395.601500.60+6.27%
1414.001461.401374.501420.90+0.49%

AI Research Briefing

Powered by Gemini · 2026-04-10

Reliance's diversification story is compelling, but current valuation leaves little room for error.

Research Confidence
6.0/10Moderate
COMPOUNDERConsolidation; Stock is -16.2% from 52W high [cite: brief].Expensive; P/E of 27.66x vs Industry P/E of 11.6x [cite: brief].

WHAT'S HAPPENING NOW (last 2-4 weeks):

Reliance Industries received a customs order dated March 16, 2026, imposing a fine and penalty of ₹17.07 lakhs for alleged incorrect classification of imported goods. The company plans to appeal. Pace Digitek's subsidiary, Lineage Power, secured a ₹158.7 crore order from Reliance for lithium-ion battery packs, to be executed by August 31, 2026. Reliance will announce Q1 2026 results on April 22, 2026.

� CORE STORY (THE REAL GAME):

Reliance is no longer just an oil and gas behemoth. The market is pricing in its transition to a diversified conglomerate with significant investments in retail, digital services, and renewable energy, all while maintaining its core refining business.

Why Now
  • Strong refining margins
  • Growth in digital services
  • Investments in renewable energy
Potential Catalysts
  • Positive surprise in Q1 2026 results
  • Major renewable energy contract win
  • Favorable regulatory changes for refining sector
Key Risks
  • Negative free cash flow
  • Governance concerns
  • Regulatory risk in refining sector
Institutional Activity

FII holdings decreased by 0.56%, while DII holdings increased by 0.53% [cite: brief].

Macro Context

India's refining sector is expanding to meet rising domestic demand and export opportunities.

Order Book / Expansion

Pace Digitek's subsidiary secured a ₹158.7 crore order from Reliance for lithium-ion battery packs.

Cash Flow Quality

No; Free Cash Flow 5Y: ₹-17393.0 Cr [cite: brief].

3–6 Month Outlook

Reliance's future hinges on successful execution of its diversification strategy. Expect volatility as the market recalibrates its expectations based on quarterly performance.

Primary Thesis Risk

Reliance's biggest risk is failing to deliver on its ambitious diversification plans, leading to a derating.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

ROE

8.40%
Poor

ROCE

9.69%
Excellent

OPM (5Y)

16.92%

Div Yield

0.35%

Reliance Industries Ltd Valuation Check

Poor

P/E Ratio

27.66x
Poor

Industry P/E

11.60x
Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter

50.01%
Good

FII

18.65%
Excellent

DII

20.25%
Excellent

Pledged

0.00%

Growth Engine

Poor

Profit Growth (Q)

9.67%
Poor

Sales Growth (Q)

9.97%
Average

Sales Growth (5Y)

10.04%
Poor

EPS Growth (5Y)

9.92%
Poor

Profit Growth (5Y)

9.93%

Balance Sheet Health

Good

Debt to Equity

0.43x
Excellent

Int. Coverage

5.39x

Free Cash Flow (5Y)

-17.39K (Cr)

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Reliance Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of RELIANCE across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Strong Operating Margins (16.92%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Strong Interest Coverage (5.39x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (50.01%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 38.90%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

Below-Average Return on Equity (8.40%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (9.69%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Negative Free Cash Flow (₹-17393.00 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Peer Comparison - Refineries & Marketing

Compare Reliance Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
40.3/100
1351
₹2.12M
27.7
Average
8.40%
Poor
9.69%
Poor
0.4
Excellent
9.93%
Good
10.04%
Good
0.35%
54/100
134
₹230133.82
9.4
Average
6.51%
Poor
0.00%
Poor
0.7
Good
0.00%
Average
0.00%
Average
0.00%
63.4/100
278
₹153625.87
7.1
Average
17.31%
Good
0.00%
Poor
0.6
Good
0.00%
Average
0.00%
Average
0.00%
49.1/100
326
₹96156.43
6.9
Average
13.76%
Average
0.00%
Poor
1.1
Average
0.00%
Average
0.00%
Average
0.00%
41.3/100
182
₹28422.86
27.4
Average
0.45%
Poor
0.00%
Poor
0.8
Good
0.00%
Average
0.00%
Average
0.00%
57.5/100
1032
₹13573.28
11.6
Average
2.51%
Poor
0.00%
Poor
0.2
Excellent
0.00%
Average
0.00%
Average
0.00%
15.1/100
31
₹352.47
6.9
Average
-0.49%
Poor
0.00%
Poor
0.3
Excellent
0.00%
Average
0.00%
Average
0.00%
Resgen Ltd...
RESGEN543805
53.7/100
56
₹154.40
18.9
Average
14.89%
Average
0.00%
Poor
0.0
Excellent
0.00%
Average
0.00%
Average
0.00%
25.4/100
5
₹127.83
75.2
Average
4.31%
Poor
0.00%
Poor
0.5
Excellent
0.00%
Average
0.00%
Average
0.00%
39.1/100
83
₹94.33
27.3
Average
16.42%
Good
0.00%
Poor
0.1
Excellent
0.00%
Average
0.00%
Average
0.00%
25/100
5
₹50.20
135.7
Average
11.88%
Average
0.00%
Poor
0.0
Excellent
0.00%
Average
0.00%
Average
0.00%

Reliance Industries Ltd Financial Statements

Comprehensive financial data for Reliance Industries Ltd including income statement, balance sheet and cash flow

About RELIANCE (Reliance Industries Ltd)

Reliance Industries Ltd is a multifaceted energy and materials conglomerate with a robust presence in the Refineries & Marketing sector. The company operates a highly integrated re...fining complex capable of processing a diverse range of crude oils into valuable finished products. Its refining operations are geared towards maximizing yields of transportation fuels like gasoline, diesel, and jet fuel, alongside essential petrochemical feedstocks such as naphtha and propylene. Reliance's commitment to technological advancement and operational excellence has enabled it to maintain high efficiency and profitability within the competitive refining landscape. The company also distributes and markets its refined products through a widespread network, reaching consumers and industries across India and globally. Reliance's marketing activities span the entire value chain from bulk sales to retail distribution. The company actively engages in trading activities, sourcing crude oil and selling refined products in the international markets. This global reach allows Reliance to optimize its supply chain, capture arbitrage opportunities, and diversify its revenue streams. In the domestic market, Reliance operates a network of retail fuel outlets under the Reliance Petroleum brand, offering a convenient and reliable source of fuel for consumers and businesses. The company emphasizes product quality, customer service, and competitive pricing to maintain its market share and brand reputation in the retail fuel sector. Beyond traditional refining and fuel marketing, Reliance is also investing in innovative solutions to address the evolving energy landscape. The company is exploring opportunities in biofuels, hydrogen, and other alternative energy sources, aiming to diversify its energy portfolio and reduce its carbon footprint. Reliance's commitment to sustainable practices is reflected in its investments in energy efficiency, emissions reduction, and waste management across its refining and marketing operations. The company is also actively engaged in research and development activities to develop new technologies and processes that can enhance its competitiveness and environmental performance in the long term.

Company Details

Symbol:RELIANCE
Industry:Refineries & Marketing
Sector:Refineries & Marketing

Key Leadership

Mr. Mukesh Dhirubhai Ambani
Chairman & MD
Mr. Nikhil Rasiklal Meswani
Executive Director
Mr. Hital Rasiklal Meswani
Executive Director

RELIANCE Share Price: Frequently Asked Questions

What is the current share price of Reliance Industries Ltd?

As of 22 Apr 2026, 11:00 am IST, Reliance Industries Ltd share price is ₹1350.50. The Reliance Industries Ltd stock has a market capitalisation of ₹21.20L (Cr) on NSE/BSE.

Is Reliance Industries Ltd share price Overvalued or Undervalued?

Reliance Industries Ltd share price is currently trading at a P/E ratio of 27.66x, compared to the industry average of 11.60x. Based on this relative valuation, the Reliance Industries Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of Reliance Industries Ltd share price?

The 52-week high of Reliance Industries Ltd share price is ₹1611.80 and the 52-week low is ₹1285.40. These values are updated daily from NSE/BSE price data.

What factors affect the Reliance Industries Ltd share price?

Key factors influencing Reliance Industries Ltd share price include quarterly earnings growth (Sales Growth: 9.97%), raw material costs, government spending, and institutional flows (FII/DII holding).

Is Reliance Industries Ltd a good stock for long-term investment?

Reliance Industries Ltd shows a 5-year Profit Growth of 9.93% and an ROE of 8.40%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.43 before investing in Reliance Industries Ltd shares.

How does Reliance Industries Ltd compare with its industry peers?

Reliance Industries Ltd competes with major peers in the Refineries & Marketing. Investors should compare Reliance Industries Ltd share price P/E of 27.66x and ROE of 8.40% against the industry averages to determine competitive standing.

What is the P/E ratio of Reliance Industries Ltd and what does it mean?

Reliance Industries Ltd share price has a P/E ratio of 27.66x compared to the industry average of 11.60x. Investors pay ₹28 for every ₹1 of annual earnings.

How is Reliance Industries Ltd performing according to Bull Run's analysis?

Reliance Industries Ltd has a Bull Run fundamental score of 40.3/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does Reliance Industries Ltd belong to?

Reliance Industries Ltd operates in the Refineries & Marketing industry. This classification helps understand the competitive landscape and sector-specific trends affecting Reliance Industries Ltd share price.

What is Return on Equity (ROE) and why is it important for RELIANCE?

RELIANCE has an ROE of 8.40%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Reliance Industries Ltd generates profits from shareholders capital.

How is RELIANCE debt-to-equity ratio and what does it indicate?

RELIANCE has a debt-to-equity ratio of 0.43, which indicates moderate leverage that should be monitored.

What is RELIANCE dividend yield and is it a good dividend stock?

RELIANCE offers a dividend yield of 0.35%, meaning you receive ₹0.35 annual dividend for every ₹100 invested in Reliance Industries Ltd shares.

How has RELIANCE share price grown over the past 5 years?

RELIANCE has achieved 5-year growth rates of: Sales Growth 10.04%, Profit Growth 9.93%, and EPS Growth 9.92%.

What is the promoter holding in RELIANCE and why does it matter?

Promoters hold 50.01% of RELIANCE shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Reliance Industries Ltd.

What is RELIANCE market capitalisation category?

RELIANCE has a market capitalisation of ₹2120199 crores, placing it in the Large-cap category.

How volatile is RELIANCE stock?

RELIANCE has a beta of N/A. A beta > 1 suggests the Reliance Industries Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is RELIANCE operating profit margin trend?

RELIANCE has a 5-year average Operating Profit Margin (OPM) of 16.92%, indicating the company's operational efficiency.

How is RELIANCE quarterly performance?

Recent quarterly performance shows Reliance Industries Ltd YoY Sales Growth of 9.97% and YoY Profit Growth of 9.67%.

What is the institutional holding pattern in RELIANCE?

RELIANCE has FII holding of 18.65% and DII holding of 20.25%. Significant institutional holding often suggests professional confidence in the Reliance Industries Ltd stock.