As per our research and technical analysis, Reliance Industries share can be a profitable investment. It has consistently performed well over the last five years, and you can expect good returns. So, for your information, we will predict the share price of Reliance Industries for the years 2024, 2025, 2028, 2030 and 2035.
Currently, it shows a bullish trend and the price may reach a high point of Rs 3360.30 by 2025. Before predicting its share price, we should know the fundamentals of Reliance Industries.
It has several qualified foreign investors which is a good sign for the long term. Still, we need to look at other financial data.
The company reported a revenue of Rs 2,35,727 crore and a net profit is Rs 19,880 crore. The earnings per share (EPS) is 25.01. This is the quarterly financial results of September 2023.
This is the second largest company by revenue in India and is involved in several sectors such as petroleum, gas, telecom, retail, etc.
Reliance Industries – Overview
Reliance Industries Limited (RIL) is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra. It was founded by Dhirubhai Ambani in 1966 and is currently led by his sons, Mukesh Ambani and Anil Ambani.
The company is engaged in various sectors such as petrochemicals, refining, oil and gas, telecommunications, retail, etc. It is one of the largest publicly traded companies in India with a market capitalization of Rs1,611,957 crore.
See also – Pidilite share price target 2025
Fundamentals of Reliance Industries
RIL (Reliance Industries Limited) Stocks are publicly traded on the National Stock Exchange and Bombay Stock Exchange. The company’s shares are widely held by a diverse group of investors such as retail and institutional investors.
| Company Name | Reliance Industries Limited (RIL) |
| Primary Exchange | NSE, BSE |
| EPS (TTM) | 94.01 |
| PE Ratio (TTM) | 23.68 |
| Dividend Yield | 0.37% |
| Buy/Sell/Hold | Buy |
| Debt to Equity | 0.40 |
| Face Value | 10 |
See also – Asian Paints share price target 2025
Reliance share price target for 1 to 5 years
As per our forecast analysis, Reliance’s share price for 1 year to 5 years can be as follows:
| Duration | RIL Share Price (Expected) |
|---|---|
| 1 year | Rs 2990.00 |
| 2 years | Rs 3460.00 |
| 3 years | Rs 3870.00 |
| 4 years | Rs 4230.00 |
| 5 years | Rs 4690.00 |
Reliance share price target 2024-2035
Market experts say that in the next 24 months, Reliance’s share price target can be Rs 2830 to Rs 3140. But, some analysts have estimated a target price of Rs 3850 to Rs 4230 per share for Reliance over the next five years.
However, the Bankshala team has separate analysis and research and has come up with a target price for the years 2 2024, 2025, 2028 and 2030.
| Year | Low (₹) | High (₹) |
|---|---|---|
| 2023 | 2540 | 2630 |
| 2024 | 2880 | 2990 |
| 2025 | 3240 | 3360 |
| 2026 | 3680 | 3870 |
| 2027 | 4180 | 4230 |
| 2028 | 4390 | 4690 |
| 2029 | 4990 | 5130 |
| 2030 | 5245 | 5470 |
| 2035 | 8785 | 9862 |
Note: The target price is based on our experience and technical analysis. This is only an estimated value that may differ from the actual price. Therefore, you are advised to do your research and consult with your financial advisor.
Reliance share price forecast:
2024
As per our experience and technical analysis in 2024, Reliance’s share price target is Rs 2750.20 and the Average Target price is Rs 2880.30. At the same time, the maximum target price for Reliance shares has been fixed at Rs 2990.00.
See also – SBI share price target
2025
As per our research and technical analysis, the minimum target price for Reliance shares is Rs 3120.00, and the average price target is Rs 3240.00. At the same time, in the middle of the year, the maximum target price for Reliance shares can reach Rs 3360.00 by 2025.
| 2025 | Target Price |
|---|---|
| January 2025 | Rs 3140.00 |
| February 2025 | Rs 3240.00 |
| March 2025 | Rs 3140.00 |
| April 2025 | Rs 3120.00 |
| May 2025 | Rs 3150.00 |
| June 2025 | Rs 3290.00 |
| July 2025 | Rs 3460.00 |
| August 2025 | Rs 3300.00 |
| September 2025 | Rs 3290.00 |
| October 2025 | Rs 3410.00 |
| November 2025 | Rs 3370.00 |
| December 2025 | Rs 3240.00 |
2026
As per experience and technical analysis, Reliance’s share price target for 2026 is Rs 3580.20 and the average price may be Rs 3680.10. At the same time, the maximum target price for Reliance shares is Rs 3870.00 till 2026.
2027
Based on our analysis, Reliance’s share price target for 2027 is Rs 3990.20 and the average target price is Rs 4180.90. At the same time, the maximum target price for Reliance shares has been fixed at Rs 4230.00 till 2027.
2028
As per our research and technical analysis, Reliance’s share price target for 2028 is Rs 4290.20 and the average target price is Rs 4390.60. While the maximum target price for Reliance shares is calculated at Rs 4690.00 by 2028.
| Month | Target Price |
|---|---|
| Jan | Rs 4290 |
| Feb | Rs 4350 |
| Mar | Rs 4480 |
| Apr | Rs 4322 |
| May | Rs 4295 |
| Jun | Rs 4310 |
| Jul | Rs 4530 |
| Aug | Rs 4385 |
| Sept | Rs 4650 |
| Oct | Rs 4120 |
| Nov | Rs 4425 |
| Dec | Rs 4690 |
2029
As per technical analysis, Reliance’s share price target for the year 2029 is Rs 48950.20 and the average price target is Rs 4990.90. In the middle of the year, the maximum future value is calculated at Rs 5130.00 by 2029.
See also – Tata Motors share price target
2030
As per our technical analysis, Reliance’s share price target for the year 2030 is Rs 5120.20 and the average price is Rs 5245.10. At the end of the year, the maximum target price for Reliance shares is Rs 5470.00 by 2030.
| Year-2030 | Target Price |
|---|---|
| January | Rs 5200 |
| February | Rs 5290 |
| March | Rs 5120 |
| April | Rs 5250 |
| May | Rs 5290 |
| June | Rs 5350 |
| July | Rs 5470 |
| August | Rs 5410 |
| September | Rs 5320 |
| October | Rs 5430 |
| November | Rs 5310 |
| December | Rs 5390 |
2035
The minimum and maximum target price for Reliance shares is Rs 8785.20 to Rs 9862.50 by 2035.
- Low: Rs 8785.20
- High: Rs 9862.50
Reliance Subsidiaries List
- Reliance Aerospace Technologies Limited
- Reliance Ambit Trade Private Limited
- Reliance Aromatics and Petrochemicals Limited
- Reliance Brands Limited
- Reliance Chemicals Limited
- Reliance Clothing India Private Limited
- Reliance Commercial Land & Infrastructure Limited
- Reliance Comtrade Private Limited
- Reliance Corporate IT Park Limited
- Reliance Eagleford Upstream GP LLC
- Reliance Global Energy Services Limited
- Reliance Jio Infocomm Limited
- Reliance Retail Finance Limited
- Reliance Textiles Limited
- Reliance Power Limited
Risk factors
Reliance Industries is a publicly traded stock and can be affected by various risk factors. Here are common risk factors that are sometimes found, you should consider before investing.
- Govt. Policies: Changes in government policies can affect the share price.
- Global Crisis: Global crisis is another risk that can affect any company in the world.
Shareholding pattern
| Promoters | 50.49% |
| Foreign Institutions | 23.43% |
| Domestic Institutions | 8.60% |
| Retails | 11.64% |
| Mutual Funds | 5.81% |
See also:
FAQs
A: Reliance Industries is a reliable stock in the market, you can expect good returns.
A: The estimated share price target of Reliance Industries is Rs 5470.00 by 2030.
A: The expected share price of Reliance Industries is Rs 3360.00 by 2025.
Disclaimer: The target price is for general information only. We are not SEBI-registered financial advisors and no part of the website content should be considered financial advice. Trading is an uncertain business, please consult your financial advisor before making any decision.
