Reliance Share PriceReliance

10.9 (0.47%)
As on 30 September, 2023 | 19:11 BSE: 500325 NSE: RELIANCEISIN: INE002A01018

Reliance Performance

Day Range

  • Low 2334.1
  • High 2369.1

52 Week Range

  • Low 1979.13
  • High 2630.95
  • Open Price2341.8
  • Previous Close2334.1
  • Volume6171007

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Reliance Share Price

  • Over 1 Month -3.11%
  • Over 3 Month -7.29%
  • Over 6 Month 4.94%
  • Over 1 Year 0.85%

Reliance Key Statistics

P/E Ratio 24.5
PEG Ratio -10
Market Cap Cr 1,586,595
Price to Book Ratio 1.9
EPS 65.4
Dividend 0.4
Relative Strength Index 34.84
Money Flow Index 30.86
MACD Signal -34.2
Average True Range 36.49

Reliance Investment Rating

  • Master Rating:
  • Reliance Industries has an operating revenue of Rs. 867,723.00 Cr. on a trailing 12-month basis. An annual revenue growth of 24% is outstanding, Pre-tax margin of 11% is healthy, ROE of 9% is fair but needs improvement. The company has a reasonable debt to equity of 26%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 10% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 73 which is a FAIR score but needs to improve its earnings, a RS Rating of 32 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 158 indicates it belongs to a poor industry group of Oil&Gas-Integrated and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Reliance Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 117,136118,702125,987137,550147,534129,479
Operating Expenses Qtr Cr 100,775100,632110,953125,563125,526114,898
Operating Profit Qtr Cr 16,36118,07015,03411,98722,00814,581
Depreciation Qtr Cr 2,8192,7342,5322,6142,2512,465
Interest Qtr Cr 3,5963,7453,3492,9162,6161,984
Tax Qtr Cr 3,1155553,3592,8774,5762,110
Net Profit Qtr Cr 9,72613,8218,3736,91515,09611,094
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 539,544437,575
Operating Expenses Annual Cr 462,667371,390
Operating Profit Annual in Cr 65,64852,313
Depreciation Cr 10,11810,276
Interest Annual Cr 12,6269,123
Tax Annual Cr 11,1167,702
Net Profit Annual Cr 44,20539,084
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 48,05067,491
Cash from Investing Activity Annual Cr -584-45,315
Cash from Financing Annual Activity Cr -7,369-6,035
Net Cash Flow Annual Cr 40,09716,141
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 479,094471,527
Fixed Assets Annual Cr 294,079274,288
Total Non Current Assets Annual Cr 624,633656,276
Total Current Assets Annual Cr 265,932222,398
Total Assets Annual Cr 890,565878,674
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 708697
ROE Annual % 98
ROCE Annual % 108
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1516
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 207,559212,945217,164230,055219,304207,375
Operating Expenses Qtr Cr 169,466174,505181,917198,831181,307176,009
Operating Profit Qtr Cr 38,09338,44035,24731,22437,99731,366
Depreciation Qtr Cr 11,77511,45610,1879,7308,9468,001
Interest Qtr Cr 5,8375,8195,2014,5543,9973,556
Tax Qtr Cr 6,1122,7875,2664,8677,7934,390
Net Profit Qtr Cr 16,01119,29915,79213,65617,95516,203
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 889,569714,909
Operating Expenses Annual Cr 735,673589,502
Operating Profit Annual in Cr 142,162110,460
Depreciation Cr 40,30329,797
Interest Annual Cr 19,57114,584
Tax Annual Cr 20,37616,297
Net Profit Annual Cr 66,70260,705
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 115,032110,654
Cash from Investing Activity Annual Cr -91,235-110,103
Cash from Financing Annual Activity Cr 10,45517,289
Net Cash Flow Annual Cr 34,25217,840
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 715,871779,485
Fixed Assets Annual Cr 1,003,287787,295
Total Non Current Assets Annual Cr 1,182,1351,152,646
Total Current Assets Annual Cr 425,296347,019
Total Assets Annual Cr 1,607,4311,499,665
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1,2251,314
ROE Annual % 98
ROCE Annual % 98
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1818

Reliance Technicals


Current Price
10.9 (0.47%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹2399.86
  • 50 Day
  • ₹2454.3
  • 100 Day
  • ₹2474.52
  • 200 Day
  • ₹2476.5
  • 20 Day
  • ₹2405.04
  • 50 Day
  • ₹2468.22
  • 100 Day
  • ₹2510.46
  • 200 Day
  • ₹2458.25

Reliance Resistance and Support

First Resistance ₹2364.7
Second Resistance ₹2384.4
Third Resistance ₹2399.7
RSI 34.85
MFI 30.86
MACD Single Line -34.2
MACD -38.67
First Resistance ₹2329.7
Second Resistance ₹2314.4
Third Resistance ₹2294.7

Reliance Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 6,323,176 268,292,358 42.43
Week 6,501,626 388,927,279 59.82
1 Month 8,425,570 486,492,420 57.74
6 Month 6,852,469 386,479,260 56.4

Reliance Result Highlights

Reliance Synopsis


Reliance Inds. is involved in the business activities of Manufacture of other textiles. Company’s Total Operating Revenue is Rs. 528315.00 Cr. and Equity Capital is Rs. 6765.00 Cr. for the Year ended 31/03/2023. Reliance Industries Ltd. is a Public Limited Listed company incorporated on 08/05/1973 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L17110MH1973PLC019786 and registration number is 019786.
Market Cap 1,586,594
Sales 499,375
Shares in Float 345.06
No of funds 2224
Yield 0.38
Book Value 3.31
U/D Vol ratio 0.9
LTDebt / Equity 28
Alpha -0.03
Beta 1.16


Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 50.39%50.41%50.49%50.57%
Mutual Funds 6.45%6.34%5.81%5.68%
Insurance Companies 8.7%8.78%8.56%8.37%
Foreign Portfolio Investors 22.55%22.49%23.48%23.58%
Financial Institutions/ Banks 0.07%0.01%0.06%0.01%
Individual Investors 8.59%8.72%8.44%8.6%
Others 3.25%3.25%3.16%3.19%

Reliance Management

Name Designation
Mr. Mukesh D Ambani Chairman & Managing Director
Mr. P M S Prasad Executive Director
Mr. Nikhil R Meswani Executive Director
Mr. Hital R Meswani Executive Director
Mrs. Nita M Ambani Non Executive Director
Mr. Adil Zainulbhai Non Executive Director
Mr. K V Kamath Non Executive Director
Mr. Raminder Singh Gujral Non Executive Director
Dr. Shumeet Banerji Non Executive Director
Mrs. Arundhati Bhattacharya Non Executive Director
Mr. K V Chowdary Non Executive Director
Mr. Yasir Othman H Al Rumayyan Non Executive Director

Reliance Forecast

Price Estimates


Other Analyst Rating

Reliance Corporate Action

Date Purpose Remarks
2023-07-21 Quarterly Results & Final Dividend
2023-04-21 Audited Results
2023-01-20 Quarterly Results
2022-10-21 Quarterly Results
2022-07-22 Quarterly Results
Date Purpose Remarks
2023-08-21 FINAL Rs.9.00 per share(90%)Final Dividend
2022-08-19 FINAL Rs.8.00 per share(80%)Final Dividend
2021-06-14 FINAL Rs.7.00 per share(70%)Final Dividend
2021-06-14 FINAL Rs.3.50 per share(70%)Final Dividend

Reliance MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 158952
SBI S&P BSE Sensex ETF 96329
HDFC Balanced Advantage Fund Growth 61599
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 59810
ICICI Prudential Balanced Advantage Fund Growth 49102
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About Reliance

Reliance industries Ltd is one of the leading private sector companies in India. It started its operations as a polyester and textiles company. However, Reliance has diversified over time and has invested large investments in natural resources, energy petrochemicals, telecommunications, and retail. The company runs world-class manufacturing plants in the entire country. Services and products offered by the reliance company touch on almost every daily need of the people and cut across social and economic spectrums.
Being a conglomerate holding company, Reliance group operates a wide range of portfolio businesses. The company is the most significant taxpayer and accounts for about 5% of India's government revenue from the private sector.

Reliance Company boasts about 8% of all the merchandise exported from the country. It became the first company in India to hit $100 billion market capitalization in the years 2007 and 2019. In addition, Reliance Company is the first Indian entity to cross the INR 9 lakh crore market valuation mark and was ranked in position 106 in the list of fortune global 500 companies.

Dhirubhai Ambani founded the company in 1966. The company started as a small-sized textile manufacturer unit. After incorporation, the company was renamed Reliance industries in 1985. While Reliance began as a textile manufacturer, it has transformed its businesses into a significant player in the petrochemical field.

The reliance industries ltd established twisting or texturing facilities in 1979. And in 1986, the company began operating a polyester staple fibre plant. The company also diversified and started producing purified terephthalic acid and alkylbenzene in 1988. In collaboration with Goodrich and DuPont, Reliance Company also established a petrochemical facility at Hazira to produce PVC and HDPE.

Reliance Company limited joined the telecommunication industry by joint investment with NYMEX. At that time, the company got a lot of support from the USA to establish Reliance telecom private ltd in India. RIL was the first firm in ASIA to give out bonds in the USA from 1966 to 1997.

Also, Reliance Company established a bottle production plant (PET). Due to the quality standards of Reliance's PET chips, they have been accepted across the world. In 1997-98, RIL developed a plan to invest $1250 million to build a refinery plant in Gujarat. And by the end of 1999, the company started selling packaged LPG gas in 15kg cylinders.

In 2002-2003, reliance ltd company amalgamated with Reliance petroleum limited. Then, in 2005, RIL bought major polyester trevira based in Frankfurt, Germany. Polyester mayor trevira has the capacity of around thirty thousand tonnes per year of polyester chips and polyester staple fibres.

Reliance Company established a new export-oriented refinery business in 2006 via the reliance petroleum ltd subsidiary company. During the same year, the company started a retail segment via reliance retail, and Reliance fresh store in Hyderabad began its operation in the market. And by 2017, reliance retail had crossed the $5 billion revenue point.

Reliance retail uses multivariate strategies to advance its operations. The company operates online stores, specialty stores, cash and carry stores, wholesale, supermarkets, hypermarkets, and neighborhood stores for all its products and services. Reliance's products and services cut across all segments of consumers in India. Reliance retail runs more than 3,300 stores in the country and has entered into organized retail after launching a convenient store format with the brand name, Reliance fresh. And in the same year, RIL undertook the most significant expansion project, where it began to increase polypropylene production capacity at Jamnagar.

Between 2007-2008, the reliance company entered into an agreement with polyester assets of Hualon from Malaysia and got majority control over the Gulf Africa petroleum corporation. From there, it began shipping its products to the East African markets. The reliance company signed another MOU with GAIL limited that allowed it to set up petrochemical plants in countries outside India.

The company started producing hydrocarbons in KGD6, located in Krishna Godavari, in 2009 after merging with reliance petroleum limited. During the same year, Reliance Company uncovered gas in block KG-DWN. Besides gas, RIL also found oil while exploring land block CB-ONN-2003/1 awarded it during exploration bidding.

Around April 2010, RIL started a MW solar photo power plant project in New Delhi. The project was intended to produce 1.4m electricity units every year to power the Thyagaraj stadium and add surplus power to the national grid. A subsidiary company, reliance Marcellus LLC signed an agreement to invest with USA-based atlas energy, where Reliance would acquire 40% stake. Up-to-date, the company continues to grow and expand.

Reliance FAQs

What is Share Price of Reliance Industries ?

Reliance Industries share price is ₹2345 As on 30 September, 2023 | 18:57

What is the Market Cap of Reliance Industries ?

The Market Cap of Reliance Industries is ₹1586594.5 Cr As on 30 September, 2023 | 18:57

What is the P/E ratio of Reliance Industries ?

The P/E ratio of Reliance Industries is 24.5 As on 30 September, 2023 | 18:57

What is the PB ratio of Reliance Industries ?

The PB ratio of Reliance Industries is 1.9 As on 30 September, 2023 | 18:57

What is Reliance Industries' main business?

The core business of Reliance Industries is petrochemical, refining, oil, and gas-related operations; other divisions of the company include cloth, retail business, telecommunications, and special economic zone (SEZ) development.

Who is the founder of Reliance Industries?

Dhirajlal Hirachand Ambani, popularly known as Dhirubhai Ambani, was an Indian business tycoon who founded Reliance Industries.

What is the CAGR of Reliance?

The 10 Years CAGR of Reliance Industries is 20%, 5 Years is 36%, 3 Years is 29% and 1 Year is 24%.

Is it a good time to buy Reliance Industries share?

Reliance Industries has a trailing 12-month operating revenue of INR 597,369.00 Cr. An annual revenue de-growth of -21% requires improvement. A pre-tax margin of 12% is healthy, and an ROE of 7% is adequate but could be improved. Reliance Industries has a reasonable debt-to-equity ratio of 23%, indicating a healthy balance sheet.

Which procedure does a person follow to buy reliance industries limited stock?

You can register an account with brokers online and get your KYC documents verified.

What mode do reliance industries limited use to pay dividends?

The company uses various modes: Physical dispatch of dividends, Direct credit to shareholder's bank, and National electronic fund transfer.

What should a shareholder do when there is a non-receipt of the dividends?

The shareholder must write to the company's R&TA and provide all the particulars on dividends not received.

When does the financial year of Reliance company come to an end?

The fiscal year of RELIANCE INDUSTRIES ends in March.