RIL Share Price Climbs as Market Cap Crosses ₹20 Trillion Again

Reliance Industries Ltd (RIL) share price rose by 2% on Thursday, reaching an intraday high of ₹1,496.8 per share on the Bombay Stock Exchange (BSE). This increase pushed the company’s market capitalisation above the ₹20 trillion mark for the first time since September 27, 2024.

At 2:09 PM, RIL’s market cap stood at ₹20,25,540.5 crore, with shares trading 2.01% higher. In comparison, the BSE Sensex rose 1.03% to 83,608.71. However, RIL shares are still down 4% over the past year, whereas the Sensex has gained 5% in the same period. The stock’s 52-week high is ₹1,608.95, and its low is ₹1,115.55.

Why is RIL Share Price Gaining?

One of the key reasons behind the surge is the positive outlook shared by Reliance chairman Mukesh Ambani. On Wednesday, he announced that the company is stepping into a new phase of growth, driven by artificial intelligence (AI) and deep technology. Ambani described this move as Reliance’s next major leap, following its successful ventures in telecom and energy.

He emphasised that Reliance will not invest in high-risk, capital-heavy areas like GPUs. Instead, the company will focus on AI applications that support national interests. Notably, Reliance has already built its 5G infrastructure entirely in-house, signaling strong capabilities in advanced tech.

New Venture: Jio BLAST Esports

In another development, Reliance’s sports subsidiary, RISE Worldwide, has entered the esports business through a joint venture with BLAST Esports. RISE had incorporated Jio BLAST eSports Private Limited on April 18, 2025, as a wholly owned subsidiary.

Now, Jio BLAST has allotted 50,00,000 equity shares to BLAST Esports Limited, worth ₹5 crore. As a result, RISE’s ownership in the company has dropped to 50%, and Jio BLAST is now a joint venture rather than a full subsidiary of Reliance.

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Conclusion

Reliance Industries’ recent growth in share price and market value reflects investor confidence in its shift towards AI, technology, and youth-oriented industries like esports. With strategic decisions such as in-house 5G development and the formation of Jio BLAST, Reliance is positioning itself as a future-ready company.

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