Reliance Share Price Target for 2024, 2025, 2026, 2027, 2028

Reliance Industries Limited (RIL) is an Indian multinational conglomerate headquartered in Mumbai, India. It is one of the largest companies in India by market capitalization and revenue. The company has a diversified portfolio of businesses across various sectors, including energy, petrochemicals, textiles, retail, telecommunications, and infrastructure.

Reliance is a leading player in the Indian economy and is well-positioned for future growth. The company’s diversified portfolio of businesses, strong financial position, and experienced management team are key strengths. However, Reliance faces challenges from increasing competition, regulatory uncertainty, and global economic headwinds.

Reliance Overview

Business Segment Description
Energy One of the largest energy producers in India.
Petrochemicals Major player in the global petrochemicals market.
Textiles One of the largest textile manufacturers in India.
Retail Largest retailer in India.
Telecommunications One of the largest telecommunications operators in India.
Infrastructure Diversified infrastructure business that includes roads, ports, and power generation.

Reliance Products

Business Segment Description
Energy One of the largest energy producers in India
Petrochemicals Major player in the global petrochemicals market
Textiles One of the largest textile manufacturers in India
Retail Largest retailer in India
Telecommunications One of the largest telecommunications operators in India
Infrastructure Diversified infrastructure business that includes roads, ports, and power generation

Reliance Awards and Recognition

Award Year Category
Golden Peacock Award for Corporate Social Responsibility 2021 CSR Management
Innovator of the Year 2022 R&D
Refinery of the Year 2021 Jamnagar Manufacturing Division
Best Consumer Mobile Service 2021 India Digital Awards – MyJio
Excellence in Design 2022 Jewellery Retailer of the Year – IReC (Industry Of Retail & Commerce) Awards
Green NGO of the Year (Silver) 2022 Olive Crown Award – Reliance Foundation
Grand Prix Award for the Most Admired Brand of the Year 2018 ACEF Asian Leadership Award – Reliance Digital
Annapoorna Food Retailer of the Year 2019 Retailers Association of India (RAI) – Reliance Retail

Reliance Fundamentals

Metric Value
Market Capitalization (INR) ₹16,199.679 trillion
Revenue (INR) ₹140,450.00 crore
EBITDA (INR) ₹39,300.00 crore
Net Profit (INR) ₹24,953.00 crore
EPS (INR) ₹87.21
P/E Ratio 23.65
P/B Ratio 1.98
Debt-to-Equity Ratio 1.25
Dividend Yield (%) 0.38
Book Value (INR) 14.89

Reliance Share Price Target-

Reliance Revenue and Net Profit

Year Revenue (INR) Net Profit (INR)
2023 ₹140,450.00 crore ₹24,953.00 crore
2022 ₹136,264.00 crore ₹23,637.00 crore
2021 ₹123,298.00 crore ₹15,089.00 crore
2020 ₹66,813.00 crore ₹5,399.00 crore
2019 ₹62,264.00 crore ₹5,368.00 crore

Reliance Shareholding Patterns

Shareholder Category Percentage Held
Promoters 50.27%
Foreign Institutional Investors (FIIs) 22.60%
Domestic Institutional Investors (DIIs) 12.22%
Mutual Funds 8.49%
Retail Investors 6.56%

Reliance Share Price Target for 2024, 2025, 2026, 2027, 2028

Year Share Price Target (INR)
2024 ₹2,730 – ₹3,300
2025 ₹3,300 – ₹3,800
2026 ₹4,000 – ₹4,500
2027 ₹4,700 – ₹5,500
2028 ₹5,800 – ₹6,700

Reliance Share Price Target for 2024

Reliance Industries’ (RIL) share price target for 2024 is estimated to range from ₹2,730 to ₹3,000 per share.

Reliance Share Price Target for 2025

Reliance Industries’ (RIL) share price target for 2025 is estimated to range from ₹3,300 to ₹3,800 per share.

Reliance Share Price Target for 2026

Reliance Industries’ (RIL) share price target for 2026 is estimated to range between ₹4,000 and ₹4,500 per share.

Reliance Share Price Target for 2027

Reliance Industries’ (RIL) share price target for 2027 is estimated to range from ₹4,700 to ₹5,500 per share.

Reliance Share Price Target for 2028

Estimated Share Price Range: ₹5,800 – ₹6,700 per share

Reliance Dividend History

Year Dividend per Share (INR)
2023 ₹87.21
2022 ₹82.68
2021 ₹62.50
2020 ₹53.00
2019 ₹53.00

Future Outlook of Reliance

Key Factors Driving RIL’s Future Outlook:

  • Strong financial performance: RIL has a proven track record of delivering strong financial performance, with consistent growth in revenue, profits, and margins.

  • Diversified business segments: RIL’s diversified business portfolio, spanning across various sectors, provides stability and resilience against fluctuations in any one sector.

  • Growth prospects: RIL’s investments in new growth areas, such as renewable energy, petrochemical expansions, and retail expansion, are expected to drive significant growth in the coming years.

  • Expanding global footprint: RIL is expanding its global footprint through strategic acquisitions and partnerships, opening up new markets and growth opportunities.

  • Strong management team: RIL has a proven and experienced management team with a track record of success in executing strategic initiatives and navigating challenges.

Specific Growth Drivers:

  • Energy: RIL is expanding its renewable energy portfolio, targeting 100 GW of renewable energy capacity by 2030. This aligns with the global transition towards clean energy and will position RIL as a leader in the renewable energy space.

  • Petrochemicals: RIL is investing in petrochemical expansions to meet the growing demand for petrochemical products in India and globally. This expansion will further strengthen RIL’s position as a leading petrochemical producer.

  • Retail: RIL is expanding its retail footprint through new store openings and omnichannel initiatives. This expansion will capitalize on India’s growing retail market and strengthen RIL’s position as a leading retailer.

  • Telecommunications: RIL’s telecom subsidiary, Jio, is a leading telecom operator in India with a large subscriber base and strong network coverage. Jio is also expanding into new areas, such as cloud computing and digital services, which will drive future growth.

  • Infrastructure: RIL has a strong presence in infrastructure sectors such as roads, ports, and power generation. These infrastructure projects will contribute to India’s economic growth and provide long-term revenue streams for RIL.

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Risks Associated With Investing in Reliance

Risk Factor Description Potential Impact
Global Economic Slowdown A global economic slowdown could reduce demand for Reliance’s products and services, leading to lower revenue and profitability. Reduced revenue, lower profits
Regulatory Changes Regulatory changes, such as carbon pricing or taxes on petrochemical products, could increase Reliance’s costs and reduce its profitability. Increased costs, reduced profitability
Competition Competition in the energy, petrochemicals, retail, and telecommunications sectors is intensifying, which could put pressure on Reliance’s margins. Reduced margins, lower profits
Commodity Price Volatility Reliance’s businesses are exposed to fluctuations in commodity prices, such as crude oil and natural gas. Volatile profits, uncertainty in future earnings
Technological Disruption Technological disruption in the energy, petrochemicals, retail, and telecommunications sectors could obsolete Reliance’s existing assets and business models. Stranded assets, loss of market share
Geopolitical Risks Reliance’s global operations expose it to geopolitical risks, such as trade tensions and conflicts, that could disrupt its supply chains and operations. Supply chain disruptions, operational disruptions, loss of market access

Reliance Competitors

Business Segment Key Competitors
Energy Indian Oil Corporation Limited (IOCL), Oil and Natural Gas Corporation Limited (ONGC), Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), Essar Oil Limited, Shell India, Chevron India
Petrochemicals Indian Petrochemical Corporation Limited (IPCL), Haldia Petrochemicals Limited (HPL), National Petrochemical Corporation Limited (NPCIL), Gail (India) Limited, BASF India Limited, Dow India Private Limited
Retail DMart Retail Limited, Amazon India, Flipkart India, Future Retail Limited, Trent Limited, Aditya Birla Fashion Retail Limited, Shoppers Stop Limited
Telecommunications Bharti Airtel Limited, Vodafone Idea Limited, BSNL, Adani Telecommunications Infrastructure Limited
Infrastructure Larsen & Toubro Limited (L&T), Afcons Infrastructure Limited, GMR Infrastructure Limited, Adani Power Limited, NTPC Limited, Power Grid Corporation of India Limited

Reliance Share Price FAQs

Q: What is the share price target for Reliance Industries in 2024?

A: Analyst estimates for Reliance Industries’ share price target in 2024 range from ₹2,730 to ₹3,300 per share.

Q: Is Reliance Industries a good long-term investment?

A: Reliance Industries is a well-established company with a strong track record of financial performance. It has a diversified business portfolio and is investing in new growth areas, such as renewable energy and petrochemical expansions. These factors make it a compelling investment opportunity for long-term investors.

Q: How can I invest in Reliance Industries?

A: You can invest in Reliance Industries by purchasing shares of the company’s stock through a brokerage account. You can also invest in Reliance Industries through mutual funds or exchange-traded funds (ETFs) that hold shares of the company.

DISCLAMER: We are not registered financial advisors. We have not provided any real investment advice or stock recommendations. The share price targets and justifications in this article are hypothetical examples for educational purposes only. Stock prices depend on many factors and future returns are not guaranteed. Readers should do their own research before investing. Or consult a registered financial advisor for guidance. We do not guarantee any stock performance or returns. Investing in stocks involves risks.

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