Reliance Industries Ltd.

NSE: RELIANCE

Oil-to-Chemicals · Telecom · Retail

₹2,890.30-18.60-0.64%Vol 98.40 L · Demo data

71SARETY Score™ · Moderate

52W low ₹2,432.0052W high ₹3,210.00

AI Summary

Demo data

Reliance is a diversified conglomerate in transition — consumer businesses now anchor earnings quality, while O2C cyclicality fades. Valuation is reasonable against its own history.

Reliance operates the world's largest refining complex, India's largest telecom network (Jio) and the country's biggest retailer, alongside new energy ventures.

Price

Demo data

Key metrics

Demo data

Market Cap: ₹18.06L Cr
Current Price: ₹2,890.30
52W High: ₹3,210.00
52W Low: ₹2,432.00
PE: 22.9x
P/B: 2.4x
ROE: 10.5%
ROCE: 11.8%
Debt/Equity: 0.42
Dividend Yield: 0.8%

Valuation snapshot

vs own 10-year history

Demo data

UndervaluedFairExpensive

Trading -7.7% vs 10Y median PE — current 22.9x vs median 24.8x.

Risk indicators

Risk category score 58/100

Demo data

Volatility (30D ann.)23.8%
FII ownership trend22.1% (latest)
52W position52%

What changed since last quarter?

Q1 FY26 → Q2 FY26 (demo)

Demo data

O2C EBITDA+6.2% QoQ
Refining margins recovered.
Jio ARPU₹195 → ₹203
Post tariff hike blend.
Retail growth+4.1% YoY
Slowest since listing-era comparisons.
Net debt−₹8,000 Cr QoQ
Asset monetisation proceeds.

Score Breakdown

Seven weighted categories drive the SARETY Score™

Demo data

Business Quality82
Weight 20%
Financial Strength74
Weight 20%
Earnings Growth72
Weight 15%
Valuation62
Weight 15%
Management78
Weight 10%
Technical64
Weight 10%
Risk58
Weight 10%