“This article expresses my personal analysis based on publicly available financial data and market reports.”

Strong Q2 Buoyancy Fuels Hopes for the Reliance Share Price

When I saw the latest numbers for Reliance Industries Ltd (RIL), I felt the familiar surge of excitement any investor gets when things finally start clicking. The Q2 FY26 report was solid and brokerages are bullish – and that spells opportunity for the reliance share price.

Why the Reliance Share Price Is in the Spotlight

RIL posted a consolidated net profit of ₹18,165 crore in Q2, up around 9.7% year-on-year. Revenue rose about 10% YoY to ₹2.55 trillion, slightly above market expectations.

What really grabbed attention: core EBITDA jumped 17.5% YoY to ~₹50,367 crore and margins improved too. So the company isn’t just growing – it’s getting more efficient. That’s a strong sign for the share price.

Also, the growth engines:

• The telecom & digital business (Jio) posted about a 22% rise in Ebit YoY.
• Retail segment grew 17–18% YoY in net profit/Ebit.
• The oil-to-chemicals (O2C) division is holding its own despite global headwinds.

These businesses all feed into the reliance share price story – diversified growth means less risk, and investors like that.

What the Analysts Are Saying & Why It Matters for the Price

Brokerages are coming out with “Buy” recommendations and higher targets, which tends to help sentiment and the share price.

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For example:

• JM Financial sees strong performance in retail and digital and expects a 15-20% EPS CAGR over the next 3-5 years.
• Nuvama Financial Advisors points to the ramp-up in new-energy and reduced cost from hydrogen and cell manufacturing lines as key catalysts.
• Tech site SMC Global Securities spots a technical breakout and sees upside toward ₹1,480-₹1,500 in the near term.

From a personal view: analysts backing the stock give confidence. When multiple houses point in the same direction, that often helps drive the reliance share price upward (via sentiment, fund flows, etc).

2025 Trends That Could Push the Reliance Share Price Higher

Here’s where it gets interesting – beyond just the quarter, 2025 holds some structural themes for RIL:

New-Energy Push

RIL is starting its cell-manufacturing line this month and has a gigafactory / green hydrogen ecosystem in the wings. This push can be a multi-year gravity for the share price, not just a one-off.

Digital & Telecom Momentum

With ARPU improvement, strong subscriber additions, and data/mobility services gaining ground, the digital arm is becoming a dependable contributor. That gives the reliance share price a growth narrative which many large-caps lack.

Retail Tailwinds

Consumption is picking up in India in 2025, and RIL’s retail arm is benefitting. The freedom from commodity swings that oil/chemicals face gives the retail business a more stable base, which aids the reliance share price.

Margin Improvement & Efficiency

The improvement in margins – especially in O2C and other segments – suggests not just volume growth but better execution. For share-price watchers, margin upticks often signal the difference between a “good” company and a “great” one.

What Could Hold the Reliance Share Price Back?

I’m optimistic, but realism matters. Here are a few risk notes:

• Global oil and chemicals cycles remain volatile; if margins collapse, it could hurt the overall performance.
• According to the economic times heavy capex (₹40,000 crore in the quarter) means RIL has to deliver on the investments.
• Execution risk in new-energy – many companies promise big things, fewer deliver on schedule.
• Macroeconomic headwinds or regulatory surprises in telecom/energy space can jar sentiment.

But for me, these are manageable compared to the upside potential.

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My Take: Is the Reliance Share Price Undervalued?

In my personal view: yes, the share price looks undervalued given the scope of RIL’s businesses and growth plans. The ₹1,400–₹1,500 range feels like a launch pad, not a ceiling. With brokerages targeting ₹1,700 or more, there’s room for upside and a favourable risk-reward.

Given the numbers, momentum and structural trends, I feel comfortable calling this a “buy on dips” scenario for someone willing to hold medium-term (2–3 years).

Conclusion

The reliance share price is catching attention – and with good reason. RIL has delivered a strong Q2, aligned its businesses for growth and enjoys analyst confidence. If I’m holding it, I’d feel hopeful and watchful. For me, this isn’t just about hitting a short-term target but backing a company that could redefine its future.

In short: yes, I’m bullish. The share price could well surprise if the growth stories play out.

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Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not US News Weeks. We advise investors to check with certified experts before making any investment decisions.

Source : The Economic Times & Business Standard - Reliance Industries share price today