Reliance Industries (RELIANCE.NS) Stock Price
Reliance Industries Price
Over the last 19 years Reliance Industries grew revenue by 12.4% annually, reaching 10.57 T INR. Earnings per share have grown at 10.5% per year over the last 19 years. For Reliance Industries, the net margin of 7.6% is down versus 8.7% a few years ago. At today's price the dividend yield works out to roughly 0.47%. The payout ratio is around 10% of earnings. The dividend has grown at 7.6% per year over the past 19 years. The consensus 12-month price target for Reliance Industries is 1,736.04 INR, about 48.3% above where the stock trades today. Of 42 analysts, 38 rate the stock a buy — an overall Buy consensus.
Reliance Industries stock price
Reliance Industries business model & stock analysis
Frequently asked questions about Reliance Industries
Reliance Industries Ltd is primarily present in India.
The business model of Reliance Industries Ltd. is diversified and operates across various industries. It is primarily engaged in refining, petrochemicals, oil and gas exploration and production, and retail businesses. Reliance Industries Ltd. focuses on creating value chain integration to drive growth and profitability. Their activities span the entire energy and materials value chain, from exploration and production of oil and gas to refining and marketing of petroleum products, including petrochemicals, polyester intermediates, textile, and oilseed crushing. Additionally, Reliance Industries Ltd. operates one of the largest organized retail businesses in India, offering a wide range of products and services.
Reliance Industries Ltd is primarily active in multiple industries such as petrochemicals, refining, oil and gas exploration, telecommunications, and retail.
The main competitors of Reliance Industries Ltd in the market include companies such as ExxonMobil, BP, Chevron Corporation, Royal Dutch Shell, and Saudi Aramco. These industry giants compete with Reliance Industries Ltd in various sectors, including oil refining, petrochemicals, textiles, and telecommunications. Reliance Industries Ltd maintains a competitive edge through its vast business portfolio, technological advancements, and strategic partnerships. Despite the fierce competition, Reliance Industries Ltd has established itself as a prominent player in the market, consistently striving for innovation and growth.
Reliance Industries Ltd has a rich history and background. Established in 1966 by Dhirubhai Ambani, the company started as a small textile manufacturer in India. Over the years, it underwent rapid expansion and diversification, becoming one of the largest conglomerates globally. Reliance Industries operates in various sectors including petrochemicals, refining, oil and gas exploration, and telecommunications. It has achieved numerous milestones, such as commissioning the world's largest refining complex and establishing a robust retail business. With a strong focus on innovation, Reliance Industries has consistently delivered value to its shareholders and emerged as a leader in the Indian market.
Reliance Industries Ltd has achieved several significant milestones throughout its operations. One notable achievement is its establishment as one of India's largest companies by market capitalization. The company has diversified its interests into various sectors, including petrochemicals, refining, oil and gas exploration, retail, and telecommunications. Reliance Industries Ltd has also marked several record-breaking achievements, such as becoming the first Indian company to reach a market capitalization of $100 billion. Furthermore, it has played a crucial role in transforming India's telecommunications landscape with the launch of Reliance Jio, a leading telecommunications service provider. These milestones highlight Reliance Industries Ltd's prominence and success in various sectors of the Indian economy.
Reliance Industries Ltd represents values such as integrity, customer focus, innovation, and excellence. With a strong corporate philosophy, the company strives to create value for its stakeholders. It emphasizes a long-term vision, leading to sustained and inclusive growth. Reliance Industries Ltd prioritizes ethical business practices, commitment to quality, and seamless integration across its various businesses. The company's relentless pursuit of growth and innovative solutions contributes to its position as a global leader in diverse sectors such as petrochemicals, refining, oil & gas exploration, telecommunications, and retail. Reliance Industries Ltd is committed to driving economic development while creating value for shareholders, customers, employees, and society as a whole.
Analysts currently set an average price target of 1,753.94 INR for the Reliance Industries stock (median: 1,736.04 INR), implying +49.8 % versus the latest price. The consensus is based on 42 analyst ratings.
42 analysts currently rate the Reliance Industries stock: 38 recommend buying, 2 holding and 2 selling.
Converted at the current exchange rate, the Reliance Industries share trades at 10.80 EUR (1,170.60 INR).
The Reliance Industries share (RELIANCE.NS) is listed on 2 stock exchanges, including: NSE (Indien) (RELIANCE.NS).
Reliance Industries Ltd. is an Indian company with diverse business fields such as oil and gas exploration, refineries, petrochemicals, retail, and telecommunications. The company was founded in 1957 by Dhirubhai Ambani and has its headquarters in Mumbai. The oil and gas exploration is one of the most significant areas of the company, which also generates the highest income. Reliance Industries Ltd. owns and operates several exploration fields in the Indian Ocean and the Gulf of Cambodia. Oil and gas production represent approximately 80% of the company's income. The refinery division of Reliance Industries Ltd. is one of the largest refinery operations in the world and produces gasoline, diesel, aviation fuels, lubricants, and petrochemicals, among other products. An important role is played by exports to India and other countries, as well as partnerships with other companies to achieve success together. The petrochemical division produces various chemicals that are needed in a wide range of industries. Reliance Industries Ltd. offers a wide range of products to meet the industry's needs. The products are exported worldwide in addition to India. In the retail sector, the company has positioned itself as a reliable and affordable provider in the Indian market. With the acquisition of the retail company "Reliance Retail" in 2006, Reliance has created one of the largest retail chains in the country. Here, among other things, food, clothing, electronics, and books are offered. The telecommunications sector is the newest business area of Reliance Industries Ltd. and is particularly focused on India. With the launch of "Jio" in 2016, Reliance Industries Ltd. has conquered the market for mobile telephony and broadband connections and revolutionized the offering of affordable mobile tariffs. To round out its business model, Reliance Industries Ltd. established a joint venture with Facebook in 2020 called "Jio Platforms." This was done to expand the telecommunications infrastructure and includes artificial intelligence, virtual reality, drones, cloud applications, and much more. Overall, the business model of Reliance Industries Ltd. is diversified and profitable. It is focused on various areas to achieve a stable distribution of revenue. Through diversification into numerous industries, the company has been able to strengthen and expand its position as a market leader in many areas. It has also managed to maintain strong operational efficiency and innovative business practices, thereby gaining a firm foothold in the global competition.
The revenue of Reliance Industries is 10.57 T INR. This figure is based on current financial data and reflects the company's business performance.
The profit of Reliance Industries is 807.75 B INR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Reliance Industries is currently 19.61. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Reliance Industries stock.
The price-to-sales ratio (P/S) of Reliance Industries is currently 1.50. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Reliance Industries stock.
The Eulerpool Quality Score for Reliance Industries is 8/10.
The ISIN of Reliance Industries is INE002A01018. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Reliance Industries is 946078. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Reliance Industries is RELIANCE.NS. The ticker symbol is used to trade Reliance Industries shares on the stock exchange.
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All fundamentals and in-depth analysis of Reliance Industries
Our stock analysis for Reliance Industries stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Reliance Industries. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.