Reliance Share Price 2024

Reliance Capital Share Price target 2024 Reliance Industries is the largest company in India by market capitalization with over 389,000 employees operating in various segments. It is India's leading player in the petrochemical, refining, oil & gas exploration, telecom, and retail industries. The company is on a journey of digital transformation, and is pushing the boundaries in key business areas. Recently, the share price of Reliance Industries has seen some ups and downs due to global economic changes. This article will provide an overview of the important factors for an investor to consider when investing in Reliance's shares.

Reliance Industries has become the first Indian company to produce ISCC+ certified circular polymers, namely CircuRepol, CircuRelene, and ISCC-Plus. Alok Industries' stock price went up by 20% as a result of the announcement of Reliance Industries' parent company's 9% stake in its subsidiary. RIL and Walt Disney have reportedly agreed on a non-binding term sheet for the merger of their Jio Cinema with Disney+ Hotstar, which is expected to be finalized in 2024.

Reliance Industries Share Price Target (2024)

Month (2024)	Maximum Target	Minimum Target
January	Rs. 2768.60	Rs. 2407.48
February	Rs. 2825.10	Rs. 2456.61
March	Rs. 2882.76	Rs. 2506.75
April	Rs. 2798.79	Rs. 2433.73
May	Rs. 2757.43	Rs. 2397.77
June	Rs. 2856.70	Rs. 2484.09
July	Rs. 2828.13	Rs. 2459.25
August	Rs. 2941.26	Rs. 2557.62
September	Rs. 3058.91	Rs. 2659.92
October	Rs. 2998.93	Rs. 2607.77
November	Rs. 3088.90	Rs. 2686.00
December	Rs. 3166.12	Rs. 2753.15

Source:- (financerule.com)

Reliance Industries Share Price Target (2025)

Month (2025)	Maximum Target	Minimum Target
January	Rs. 3299.44	Rs. 2484.19
February	Rs. 3312.25	Rs. 2547.88
March	Rs. 3441.43	Rs. 2647.25
April	Rs. 3373.95	Rs. 2595.34
May	Rs. 3275.68	Rs. 2519.75
June	Rs. 3423.08	Rs. 2633.14
July	Rs. 3355.96	Rs. 2581.51
August	Rs. 3459.76	Rs. 2661.35
September	Rs. 3580.85	Rs. 2754.50
October	Rs. 3673.95	Rs. 2826.12
November	Rs. 3765.80	Rs. 2896.77
December	Rs. 3859.94	Rs. 2969.19

Source:- (financerule.com)

Reliance Industries Share Price Target (2026 - 2030)

Year	Maximum Target	Minimum Target
2026	Rs. 5147.41	Rs. 3603.18
2027	Rs. 6375.30	Rs. 3062.71
2028	Rs. 7875.53	Rs. 5515.87
2029	Rs. 8177.56	Rs. 6324.29
2030	Rs. 10315.92	Rs. 7611.14

Source:- (financerule.com)

Reliance Industries Financials 2023

Revenue	Rs 8.78 Trillion	⬆ 40.40% YOY
Operating expense	Rs 1.87 Trillion	⬆ 30.02% YOY
Net Income	Rs 667.02 Billion	⬆ 9.88% YOY
Net Profit Margin	7.60	⬇ -12.84% YOY
Earnings Per Share	2.40	⬇ -95.89%
EBITDA	Rs 1.38 Trillion	⬆ 26.89% YOY
Effective Tax Rate	21.67 %
Total Assets	Rs 16.07 Trillion	⬆ 7.19% YOY
Total equity	Rs 7.79 Trillion	⬆ 27.49% YOY
Return on assets	4.12%
Return on Capital	5.49%

Reliance Industries Subsidiaries and Joint Ventures

Joint Ventures
Reliance Life Sciences
Reliance Petroleum Ltd
Reliance Jio Infocomm Ltd
Reliance Retail Ventures Ltd
Reliance Industrial Infrastructure Ltd
Network18 Media & Entertainment Ltd

Opportunities for Reliance Industries impacting RIL share price targets

Reliance Industries (RIL) has set a target of becoming debt-free by the year 2021, and has raised a total amount of Rs 2.60.024 crores in November 2020. In July 2021, the company declared itself debt-free. The challenge for RIL now lies in transforming its businesses in the digital space and making them more user-friendly and efficient. With the rapid growth of the digital world, RIL plans to invest in the trending segments and manage the "industry consolidation" and government regulations in a smooth manner. This could provide a significant boost to Reliance Industries' share price target in the near future.

RIL is investing heavily in e-commerce through its subsidiaries like Ajio (formerly Jio Cinema), Urban Ladder (formerly Urban Ladder), Netmeds (formerly Netmeds), Reliance Trends (formerly Reliance Fresh), and other subsidiaries. The company is also investing heavily in the "e-commerce sector" and has entered into a partnership with the "abudhabi national oil company".

Risks to consider before investing in Reliance Industries Stock

Reliance share price will face a number of challenges in the near future as Reliance Industries moves towards digital transformation and carbon neutrality. This means that competitors in the market will be able to capitalize on the new factors that are emerging.

The Indian conglomerate ‘Reliance’ may face challenges in the digital transformation phase, such as cyber security and technological failures.

Reliance Industries, the largest company in India, operates in a number of foreign countries. Geopolitical tensions in these countries could be a source of concern for Reliance Industries businesses.

The company operates in highly regulated sectors, which are regulated by governments around the world. The company operates in key industries such as energy, telecoms, and retail.

Environmental risks for Reliance Industries are increasing as the world moves towards a greener, carbon-neutral economy, as the renewable energy sector is subject to increased public scrutiny on environmental issues. As a result, Reliance Industries’ share prices are vulnerable to changes in the rules and regulations in the Indian and other countries regarding the energy sector.

FAQ’s

What is the reliance share price target for the year 2024?
Reliance's share price in 2024 is predicted to be between Rs 3058 and Rs 2460.
What is the reliance share price target for the year 2025?
Reliance's share price in 2025 is predicted to be between Rs 3859 and Rs 2484.
What is the reliance share price target for the year 2030?
Reliance's share price in 2030 is predicted to be between Rs 10315 and Rs 7611.
What is the current RIL share price rate?
Currently, Reliance Industries Share Price is trading at Rs 2580.75 and with a market capitalization of Rs 17.48L crores.
What is the growth rate of Reliance's Share price in the previous five years of trading?
In its last five years of trading, RIL Share prices have demonstrated a steady growth rate from 1088 in Jan 2019 to Rs 1580 (+137.13%) in Jan 2024. Its 52-week high is Rs 2856.