Reliance Share Price in Focus After Reporting 28.6% Revenue Rise in Q2 FY27

Reliance Industries Limited (RELIANCE) witnessed a historic 11.6% rally on November 2, 2026, post Q2 FY27 Earnings Results. However, the stock is under pressure in today's session, trading at ₹1,286.10, down 1.07% from its previous close of ₹1,300.00. 

Reliance Industries Q2 FY27 Earnings Results  

For the September 2026 quarter, Reliance Industries' total income increased to ₹3,38,654 crore, a 28.6% rise from ₹2,63,380 crore in the same period last year. Compared to the June 2026 quarter, this represents a 6.4% increase from ₹3,18,400 crore.   

Net profit for the quarter was ₹29,250 crore, up 32.1% year-on-year from ₹22,146 crore and 27.2% quarter-on-quarter from ₹23,001 crore.  

Half-Yearly Financial Overview  

For the half-year ending September 30, 2026, total income was ₹6,57,054 crore, marking a 24.6% year-on-year increase from ₹5,27,159 crore.  

Net profit for the same period was slightly down by 1.1% year-on-year to ₹52,251 crore from ₹52,827 crore.  

Intraday Performance and Market Activity 

On November 3, 2026, Reliance opened at ₹1,287.90, slightly lower than its previous close. The stock reached an intraday high of ₹1,307.00 before sellers pushed it to a low of ₹1,282.00. By late morning, the stock had traded 2,64,46,000 shares, valued at ₹3,426.11 crore. 

Key Market Metrics 

Reliance Industries maintains its position as a mega-cap company with a market capitalisation of ₹17,41,096.43 crore.  

The stock's P/E ratio stands at 18.40, and it has a delivery percentage of 64.21%, indicating strong market interest despite intraday fluctuations. 

Read More: Reliance Industries Share Price Gains Over 7% Post Q2 FY27 Earnings Results: Net Profit Up 32.1% YoY! 

Reliance Industries Share Price Performance 

As of November 03, 2026, at 11:39 AM, Reliance Industries share price on NSE was trading at ₹1,287.20, down by 0.98% from the previous closing price. 

Conclusion 

Reliance Industries experienced an 11.6% rally on November 2, 2026, followed by a 1.07% drop on November 3, 2026, trading at ₹1,286.10. The stock's market capitalisation is ₹17,41,096.43 crore, with a P/E ratio of 18.40 and a delivery percentage of 64.21%. Year-to-date, Reliance is down 18.34%, underperforming NIFTY 50's 9.55% decline. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.