Reliance Share price has seen a significant decline. Though Reliance Industries Ltd is India’s most valued company, still it hit a new 52-week low. This shows market weakness which is driven by global economic uncertainties due to foreign institutional investor outflow. How will this stock perform today? Is it worth Buying? Let’s check the analysis and recommendation.
Reliance Share Price in Today’s Market
As of 3rd March 2025, Reliance Shares are trading at Rs 1163.40 which is more than a 3% decline since opening. Previously it closed at Rs 1200. The new 52-week low is Rs 1156. Current UC Limit is at Rs 1320.10 and LC Limit is at Rs 1080.10.
Company Financials
As per moneycontrol current market capitalization of Reliance Industries Ltd is around Rs 15,74,694 Crore. The company operates in multiple sectors like Oil, Retail, and Digital Services. The company has released its Q3 reports, where net profit has grown by 7% compared to the same period last year. Consolidated net profit reported is Rs 18540 Crore. Consolidated Revenue is around Rs 2.40 Crore which is also 6.7 YoY growth compared to last year.
Recent News about Reliance Industries Ltd
- Recently Reliance Share Price has hit a new 52-week low, which is pointing to market weakness as Foreign Institutional Investors out flow funds.
- Reliance New Energy Ltd can be penalized at Rs 125 Crore for missing the deadline for setting up a battery cell plant under the government’s PLI program.
- The company has also planned to construct an integrated battery giga-factory with a whooping 3GWh capacity.
Reliance Share Target Price
According to Motilal Oswal Financial Services Target price for Reliance Shares are Rs 1605. On the lower side, it can go down up to Rs 1215 and if the market goes up it can hit Rs 1930.
Recommendation on Buy or Sell
Currently, analyst suggest proceeding with caution as too many FII outflows are posing risks. On the moneycontrol website, 51% out of 37 analysts puta ‘Buy’ tag, and 3% put a ‘Sell’ tag for Reliance Share. On the other hand, Consensus suggests ‘Buy’ for RIL Shares, with a target price of Rs 1572.62.
