Reliance Capital Share Price target 2024 Reliance Industries is the largest company in India by market capitalization with over 389,000 employees operating in various segments. It is India’s leading player in petrochemical, refining, oil, gas exploration, telecom, and retail industries. The company is on a journey of digital transformation, and is pushing the boundaries in key business areas. Recently, the share price of Reliance Industries has seen some ups and downs due to global economic changes. This article will discuss the important factors for an investor to consider when investing in Reliance’s shares.
Reliance Industries has become the first Indian company to manufacture ISCC-Plus certified circular polymers, namely CircuRepol, CircuRelene, and ISCC-Plus. The share price of Alok Industries went up by 20% as a result of the announcement of Reliance Industries’ parent company’s 9% stake in its subsidiary.
RIL and Walt Disney have reportedly agreed on a non-binding term sheet to merge Jio Cinema with Disney+ Hotstar, and the merger is expected to be finalized in 2024.
Reliance Industries Share Price Target (2024)
| Month (2024) | Maximum Target | Minimum Target |
| January | Rs. 2768.60 | Rs. 2407.48 |
| February | Rs. 2825.10 | Rs. 2456.61 |
| March | Rs. 2882.76 | Rs. 2506.75 |
| April | Rs. 2798.79 | Rs. 2433.73 |
| May | Rs. 2757.43 | Rs. 2397.77 |
| June | Rs. 2856.70 | Rs. 2484.09 |
| July | Rs. 2828.13 | Rs. 2459.25 |
| August | Rs. 2941.26 | Rs. 2557.62 |
| September | Rs. 3058.91 | Rs. 2659.92 |
| October | Rs. 2998.93 | Rs. 2607.77 |
| November | Rs. 3088.90 | Rs. 2686.00 |
| December | Rs. 3166.12 | Rs. 2753.15 |
Source:- (financerule.com)
Reliance Industries Share Price Target (2025)
| Month (2025) | Maximum Target | Minimum Target |
| January | Rs. 3299.44 | Rs. 2484.19 |
| February | Rs. 3312.25 | Rs. 2547.88 |
| March | Rs. 3441.43 | Rs. 2647.25 |
| April | Rs. 3373.95 | Rs. 2595.34 |
| May | Rs. 3275.68 | Rs. 2519.75 |
| June | Rs. 3423.08 | Rs. 2633.14 |
| July | Rs. 3355.96 | Rs. 2581.51 |
| August | Rs. 3459.76 | Rs. 2661.35 |
| September | Rs. 3580.85 | Rs. 2754.50 |
| October | Rs. 3673.95 | Rs. 2826.12 |
| November | Rs. 3765.80 | Rs. 2896.77 |
| December | Rs. 3859.94 | Rs. 2969.19 |
Source:- (financerule.com)
Reliance Industries Share Price Target (2026 – 2030)
| Year | Maximum Target | Minimum Target |
| 2026 | Rs. 5147.41 | Rs. 3603.18 |
| 2027 | Rs. 6375.30 | Rs. 3062.71 |
| 2028 | Rs. 7875.53 | Rs. 5515.87 |
| 2029 | Rs. 8177.56 | Rs. 6324.29 |
| 2030 | Rs. 10315.92 | Rs. 7611.14 |
Source:- (financerule.com)
Reliance Industries Financials 2023
| Revenue | Rs 8.78 Trillion | ⬆ 40.40% YOY |
| Operating expense | Rs 1.87 Trillion | ⬆ 30.02% YOY |
| Net Income | Rs 667.02 Billion | ⬆ 9.88% YOY |
| Net Profit Margin | 7.60 | ⬇ -12.84% YOY |
| Earnings Per Share | 2.40 | ⬇ -95.89% |
| EBITDA | Rs 1.38 Trillion | ⬆ 26.89% YOY |
| Effective Tax Rate | 21.67 % |
|
| Total Assets | Rs 16.07 Trillion | ⬆ 7.19% YOY |
| Total equity | Rs 7.79 Trillion | ⬆ 27.49% YOY |
| Return on assets | 4.12% |
|
| Return on Capital | 5.49% |
|
Reliance Industries Subsidiaries and Joint Ventures
- Joint Ventures
- Reliance Life Sciences
- Reliance Petroleum Ltd
- Reliance Jio Infocomm Ltd
- Reliance Retail Ventures Ltd
- Reliance Industrial Infrastructure Ltd
- Network18 Media & Entertainment Ltd
Opportunities for Reliance Industries impacting RIL share price targets
Reliance Industries aims to be debt-free by the year 2021, and has raised a total amount of Rs 2.60,024 crore by November 2020. In July 2021, the company declared itself debt-free. The challenge for Reliance Industries now lies in transforming its businesses in the digital space and making them more user-friendly and efficient. Given the rapid growth of the digital world, Reliance Industries has plans to invest in the trending segments and manage the “industry consolidation” and government regulations in a smooth manner. This could provide a significant boost to Reliance Industries’ share price target in the near future. Reliance Industries is also investing heavily in the “e-commerce business” through its subsidiaries like Ajio, urban ladder, netmeds, reliance trends, and reliance fresh. Reliance Industries has also partnered with the Abudhabi national oil company.
Risks to consider before investing in Reliance Industries Stock
Reliance share price will face a number of challenges in the near future as Reliance Industries moves towards digital transformation and carbon neutrality. This means that competitors in the market will be able to capitalize on the new factors that are emerging.
The Indian conglomerate ‘Reliance’ may face challenges in the digital transformation phase, such as cyber security and technological failures.
Reliance Industries, the largest company in India, operates in foreign countries. Geopolitical tensions may be a concern for the company’s businesses in foreign countries.
The company operates in highly regulated sectors, which are regulated by governments around the world. The company operates in a number of sectors, including energy, telecoms, and retail.
As the world moves towards a greener, carbon-neutral economy, the renewable energy sector is subject to increased public scrutiny. As a result, Reliance Industries’ share prices may be subject to changes in the rules and regulations in the energy sector of India and other countries.
FAQ’s
- What is the reliance share price target for the year 2024?
- Reliance share price 2024 is predicted to be between Rs 3058 and Rs 2460.
- What is the reliance share price target for the year 2025?
- Reliance’s share price in 2025 is predicted to be between Rs 3859 and Rs 2484.
- What is the reliance share price target for the year 2030?reliance capital share price target 2030
- Reliance’s share price in 2030 is predicted to be between Rs 10315 and Rs 7611.
- What is the current RIL share price rate?
- Currently, Reliance Industries Share Price is trading at Rs 2580.75 and with a market capitalization of Rs 17.48L crores.
- What is the growth rate of Reliance’s Share price in the previous five years of trading?
- In its last five years of trading, RIL Share prices have demonstrated a steady growth rate from 1088 in Jan 2019 to Rs 1580 (+137.13%) in Jan 2024. Its 52-week high is Rs 2856.
