At the middle of this optimism is RIL's first battery Giga factory in Jamnagar, slated to start operations in early calendar year 2026 (CY26) with a production capacity of 40GWh per year.
According to Nuvama, the outlook for OMCs is clouded by high capital expenditure commitments and rising under-recoveries, which are set to keep return ratios suppressed.
RIL shares were among the top gainers, rising over 2 per cent, after it incorporated REIL, a joint venture with Meta
RIL reported a consolidated net profit of ₹18,165 crore in Q2FY26, up 9.7 per cent year-on-year (Y-o-Y) but down 32.7 per cent quarter-on-quarter (Q-o-Q) from ₹26,994 crore in Q1FY26.
In the past, Reliance had seen a gap-up open post Q4FY25 results in April following which the stock rallied over 19% in the next three months. Here's a trading strategy at current levels.
Stocks to watch on October 20: Dixon Tech, PNB and IndusInd Bank are among tother top stocks to track today.
Broad-based consumer demand reloads growth prospects and puts the stock back in analysts' baskets
Reliance benefited from benign raw material and crude oil prices
Reliance Q2FY26 results may show muted earnings Q-o-Q. Jio & oil-to-chemicals could boost Ebitda, while upstream business may weaken. RIL Q2 results are due on Oct 17, 2025
India's data centre capacity is expected to quintuple to 8GW over the next 5 years, driven by rising internet traffic, growing adoption of AI & stricter regulatory mandates around data localisation.
During her speech, Isha said that Campa Cola now holds double-digit market share across many states, breaking the 30-year multinational company (MNC) duopoly
At RIL's AGM, Ambani unveiled Reliance Intelligence, Jio's 2026 IPO plan, and a consumer push as new growth engines
RIL AGM 2025: Analysts are focused on roadmaps for doubling JIO and Retail within three-four years and on plans for the New Energy business to replicate earnings of the oil-to-chemicals (O2C) segment
Technical charts suggest that Reliance group stocks such as Jio Financial Services, Network18, Just Dial, Alok Industries and Den Networks can crack up to 21 per cent from here.
At the bourses, meanwhile, the stock has been an outperformer, rallying nearly 16.5 per cent thus far in calendar year 2025 (CY25) as compared to 0.7 per cent gain in the BSE Oil & Gas index
JP Morgan said RIL's relative valuations remain reasonable despite its year-to-date outperformance, and various tailwinds could act as key drivers going forward
Reliance Industries stock needs to break and trade consistently above ₹1,441 levels for further gains to emerge, suggests technical chart.
At the AGM in 2024, Mukesh Ambani-controlled RIL guided for 2x growth in its business by 2030, with JIO and Retail envisaged to double over the next three-four years
Meanwhile, four IT companies combined - TCS, Infosys, HCL Technologies and Tech Mahindra - have made a dent of ₹15,321 crore in LIC's portfolio thus far in July
RIL reported a 78.3 per cent year-on-year (Y-o-Y) growth rate in net profit during Q1FY26, largely due to a one-off gain from its stake sale in Asian Paints