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[hfe_template id='11223'] [ad_1] After 3 years of playing second fiddle, India’s most valuable stock is ready to steal the show again. Shares of Nifty heavyweight Reliance Industries Ltd (RIL) have already climbed over 12% in calendar 2025, and analysts say the old warhorse is saddling up for a full-blown re-rating as FY26 shapes into a potential inflection point. RIL’s Q4 results, which crushed Street expectations, were just the opening act. Brokers are now pegging targets as high as Rs 1,720 as against Monday’s closing price of Rs 1,368, and the mood on the Street is shifting fast. RIL’s transformation from a predominantly energy-centric empire to a digital and consumer-focused behemoth is now undeniable. "RIL’s transition to a new energy company is starting to bear fruit and we think it is back on an earnings growth path after flattish earnings in FY25. We expect a re-rating to follow this growth," Morgan Stanley analyst Mayank Maheshwari said, setting the t...

[hfe_template id='11223'] [ad_1] Shares of billionaire Mukesh Ambani-led Reliance Industries (RIL) have been under bear pressure, shedding 25% of its value since hitting a record high of Rs 1,608.95 on BSE on July 8. Investors have seen a staggering Rs 5.4 lakh crore vanish as foreign institutional investors (FII) sold the bluechip stock amid a retail slowdown and weak refining margins. The stock has underperformed Nifty by 10% since January 2024, fueling extreme pessimism. However, a glimmer of hope has emerged—RIL has rebounded 4% in the last two trading sessions, suggesting some bottom-fishing. But is this just a dead-cat bounce, or is the worst truly over? Pessimism at Extreme Levels Analysts at Jefferies believe the current valuation is overly bearish, noting that the market cap now implies an enterprise value of just $48 billion for RIL’s retail business, compared to $106 billion in its last funding round. “A combination of same-store sales growth and area addition...

[hfe_template id='11223'] [ad_1] Mumbai: Shares of Reliance Industries (RIL) hit their lowest level in fourteen months on Wednesday as traders mounted bearish derivative bets in the wake of foreign institutional selling. The stock made a low of ₹1,193.35 on Wednesday - the lowest since December 2023 - before rebounding to close at ₹1,216.55, down 1.4% over the previous day's close. "FIIs have been continuously selling in Indian markets, impacting broad indices. We believe Reliance Industries, being an index stock with larger weight on indices, must have got impacted due to this continuous selling," said Anita Gandhi, founder and head of institutional broking at Arihant Capital. Gandhi also said that the GRMs(gross refining margins) of OMCs (oil marketing companies) have been pretty low compared to past year, which has led to some weakness in all oil refiners, including Reliance. Reliance shares declined 16.2% in the past year as against the Nifty's gain...

[hfe_template id='11223'] [ad_1] Amid earnings downgrades and target price cuts, largely driven by weakness in the retail business and a sharp decline in refining margins, Reliance Industries (RIL) shares are down about 23% from their peak in July, bringing valuations to their cheapest level since the Covid shock of March 2020. Goldman Sachs analysts believe that the sell-off in RIL shares, which have underperformed by declining about 6% in the last year, is overdone as the share price is now near its bear case scenario which assumes lower for longer refining margins, weak telecom ARPU/subscriber growth and lower TAM/market share growth in retail. Not just Goldman, but other major global brokerages like Jefferies, Morgan Stanley, CLSA and Bernstein have released reports in the last few days giving buy ratings with target prices going up to Rs 1,690. Saying that the valuations are now undemanding, analysts say the risk-reward is now favourable giving a great entry point t...

[hfe_template id='11223'] [ad_1] Shares of Mukesh Ambani-owned Reliance Industries (RIL) today fell by 2% to an intraday low of Rs 1,278.70 on the BSE after 11.9 lakh equity shares of the company changed hands in a block deal. The official parties of the transaction as well as the price at which the securities were traded are not currently known. Reliance Industries shares have been in a downtrend over the past few months, losing nearly $50 billion in market capitalization since their peak in July. The Mukesh Ambani-led company faces challenges from declining earnings and an economic slowdown. For the second quarter of the current fiscal, Mukesh Ambani-owned firm reported a 5% decline in its consolidated net profit to Rs 16,563 crore, against Rs 17,394 crore in the year-ago period. Revenue from operations increased by a marginal 0.2% year-on-year (YoY) to Rs 2.35 lakh crore in the reporting period. Reliance Industries recently issued bonus shares to its investors. RIL bo...

[hfe_template id='11223'] [ad_1] ET Intelligence Group: The S&P BSE Sensex took over four and a half months or 139 days to be precise to cover the distance between 70,000 and 80,000 points on an intraday basis. The journey of 10,000 points was skewed by a handful of stocks --- five out of the 30 stocks contributed over half or 5,646 points while the top two contributors added nearly one-third to the rally. Reliance Industries was the top contributor adding 1,927 points. The country’s largest company by revenue and market capitalisation gained 26.3% since December 11, 2023 when the Sensex had touched 70,000 for the first time. It was followed by Mahindra and Mahindra, which contributed 1,050 points and earned robust 74.2% returns during the period helped by upbeat demand for its passenger cars. ET Bureau ICICI Bank came third with a contribution of 963.5 points, yielding 18.5% returns amid improving asset quality and net interest margin. Bharti Airtel and State bank o...