Reliance Share Price Rebounds 19%, Leads Nifty 50 Recovery with Retail and Jio Push

Reliance Industries Ltd (RIL), once the biggest drag on the Nifty 50 index during its fall, is now leading its sharp recovery. Between 27 September 2024 and 7 April 2025, Nifty fell 17.25%, and Reliance alone pulled it down by 457 points — nearly 10% of the drop. However, since the April low, RIL has helped the index bounce back, contributing 395 points to its 18% recovery till 27 June.

How Has RIL Share Price Rallied?

RIL share price fell 16% from ₹1,526 in September to ₹1,275 by March. Domestic institutional investors (DIIs) used this dip to increase their stake in the company from 17.6% to 19.4%. Since then, the share price has surged by 19% to ₹1,519 as of this Wednesday, showing renewed investor confidence.

Retail and Telecom Now Lead Profits at Reliance Industries

In Q4 FY25, RIL posted a consolidated EBITDA of ₹48,700 crore. More than 55% of this came from Reliance Retail and Jio Platforms, overtaking its traditional oil-to-chemicals (O2C) business. While the O2C segment still brings in about 60% of total revenue, its contribution to profits has fallen to less than one-third — a major change from five years ago.

Jio, which began with cheap data and calls, now leads India's telecom sector with 470 million subscribers and an ARPU of ₹203.

What Are Reliance Industries’ New Projects?

RIL is now focusing more on high-margin chemical products and investing in the future with green hydrogen, solar energy, battery storage, and other clean energy solutions. These efforts support global sustainability goals and help reduce dependence on fossil fuels.

Read more: Top 10 Nifty 50 Stocks by Market Cap and 5-Year CAGR (July 2025).

Conclusion

Reliance Industries has transformed from an oil-driven business to a diversified growth powerhouse. Its strong performance in retail, telecom, and green energy is helping the Nifty 50 rebound and signals a future-ready shift in strategy. With continued investments in new-age sectors, Reliance is set to remain a key player in India’s economic story.

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