Reliance Industries Limited (RIL) is India’s largest private-sector enterprise, with a diversified business portfolio spanning energy, petrochemicals, retail, and digital services. Originally founded in the late 1970s as a textile company, RIL has expanded through backward and vertical integration into polyester, fibre intermediates, plastics, petrochemicals, petroleum refining, and oil and gas exploration. This strategic approach has positioned RIL as a global leader, making it the world’s largest polyester yarn and fibre producer and one of the top 10 petrochemical producers globally.
Beyond hydrocarbons, RIL has a significant presence in retail, oil marketing, and digital services through its subsidiaries. The company has gained market leadership in India’s digital services and retail sectors, with both segments contributing substantially to its profitability.
On Budget Day, February 1, 2025, the share price of Reliance Industries opened at ₹1,265.10, reflecting a near-flat movement compared to the previous trading session’s close. During intraday trade, the stock touched a high of ₹1,270.55 on the National Stock Exchange (NSE). However, by 1:26 PM, the stock had declined by 1.23%, trading at ₹1,250.10.
For the first time in nearly a decade, Reliance Industries’ share price registered a negative return in CY2024, declining by almost 6%. Since 2015, the stock has been on an upward trajectory, delivering consistent returns to investors. However, market conditions, economic policies, and sectoral headwinds contributed to the downturn in 2024.
Despite the setback in the previous year, Reliance Industries has started CY2025 on a positive note, showing signs of recovery. As of February 1, 2025, the stock has gained nearly 3% year-to-date.
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Published on: Feb 1, 2025, 3:37 PM IST
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