Reliance Capital Share Price target 2024 Reliance Industries, India's largest company by market capitalization, has more than 389,000 employees and operates in a variety of sectors. It is a major player in the petrochemical, refining, petroleum, gas exploration, telecom, and retail industries. The company is on a journey of digital transformation, and is pushing ahead in key business areas. Recently, the company's share price has seen some ups and downs due to global economic events. This article will provide an overview of the important factors for an investor to consider when investing in Reliance Industries.According to reports, Reliance Industries' parent company, Reliance Group, has invested in its subsidiary's 9 percent shares, resulting in a 20% increase in the share price of Alok Industries.In 2024, Mukesh Ambani has set a goal of accelerating the use of Artificial Intelligence across all businesses through the merger between Jio Cinema and Disney+. According to reports, the two companies have signed non-binding terms and conditions for the merger, which is expected to be finalized soon.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 has set a target of becoming debt-free by the end of 2021. The company has raised a total amount of Rs 2.60,024 crore by the end of November 2020, and declared itself debt-free in July 2021. The next challenge for Reliance Industries is to digitally transform its businesses and make them more user-friendly and efficient. As the digital world continues to grow, Reliance Industries has plans to invest in trending segments and navigate through industry consolidation and government regulations. This could provide a significant boost to Reliance Industries' share price target in the near future. Reliance Industries is investing heavily in e-commerce through its subsidiaries, such as Ajio and Urban Ladder, as well as in its digital arm, Jio Cinema and Jio Fibre and Jio 5G. Reliance Industries has also entered into a partnership with the Abdu Dhabi National Oil Company (ANCO).
Risks to consider before investing in Reliance Industries Stock
Reliance share price will face several obstacles in the near future as Reliance Industries moves towards digital transformation and carbon neutrality. The company’s competitors in the market will be able to benefit from 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, India’s biggest company, operates in foreign countries. Geopolitical tensions may be a concern for Reliance Industries businesses in foreign countries.
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. The renewable sector is subject to increased public scrutiny on environmental issues. Therefore, Reliance Industries’ share prices are subject to changes in regulations and rules for the energy sector both in India and in other countries.
FAQ’s
What is the reliance share price target for the year 2024?
Reliance share price 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.
