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How to buy RELIANCE INDUSTRIES (RELIANCE) shares
Learn how to easily invest in RELIANCE INDUSTRIES shares.
RELIANCE INDUSTRIES LTD. is an oil & gas business based in India. RELIANCE INDUSTRIES shares (RELIANCE) are listed on the BSE and all prices are listed in Indian Rupee. RELIANCE INDUSTRIES employs 195,618 staff and has a trailing 12-month revenue of around INR5.3 trillion.
How to buy shares in RELIANCE INDUSTRIES from India
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for RELIANCE INDUSTRIES. Find the stock by name or ticker symbol: RELIANCE. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until RELIANCE INDUSTRIES reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of INRINR2519.8, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of RELIANCE INDUSTRIES, depending on your broker.
- Check in on your investment. Congratulations, you own a part of RELIANCE INDUSTRIES. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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Is it a good time to buy RELIANCE INDUSTRIES stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
RELIANCE INDUSTRIES shares at a glance
|Latest market close||INR2,519.80|
|52-week range||INR2,180.00 - INR2,807.89|
|50-day moving average||INR2,362.03|
|200-day moving average||INR2,473.05|
|Wall St. target price||N/A|
|Dividend yield||INR6.5 (0.27%)|
|Earnings per share (TTM)||INR67.33|
RELIANCE INDUSTRIES stock price (BSE:RELIANCE)Use our graph to track the performance of RELIANCE stocks over time.
RELIANCE INDUSTRIES price performance over time
Historical closes compared with the close of INR2519.8 from 2023-05-29
|1 week (2023-05-22)||2.66%|
|1 month (2023-04-28)||4.12%|
|3 months (2023-03-02)||8.25%|
|6 months (2022-11-30)||-7.78%|
|1 year (2022-05-30)||-5.40%|
|2 years (2021-05-28)||20.28%|
|3 years (2020-05-29)||71.98%|
|5 years (2018-05-30)||174.68%|
Is RELIANCE INDUSTRIES stock undervalued or overvalued?
Valuing RELIANCE INDUSTRIES stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of RELIANCE INDUSTRIES's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
RELIANCE INDUSTRIES's P/E ratio
RELIANCE INDUSTRIES's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, RELIANCE INDUSTRIES shares trade at around 37x recent earnings.
RELIANCE INDUSTRIES's EBITDA
RELIANCE INDUSTRIES's EBITDA (earnings before interest, taxes, depreciation and amortisation) is INR807.4 billion.
The EBITDA is a measure of a RELIANCE INDUSTRIES's overall financial performance and is widely used to measure a its profitability.
RELIANCE INDUSTRIES financials
|Revenue TTM||INR5,270.2 billion|
|Operating margin TTM||11.48%|
|Gross profit TTM||INR1,872.2 billion|
|Return on assets TTM||0%|
|Return on equity TTM||0%|
|Market capitalisation||INR17 trillion|
TTM: trailing 12 months
RELIANCE INDUSTRIES's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like RELIANCE INDUSTRIES.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
RELIANCE INDUSTRIES's total ESG risk score
Total ESG risk: 34.51
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and RELIANCE INDUSTRIES's overall score of 34.51 (as at 01/01/2019) is pretty weak – landing it in it in the 71st percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like RELIANCE INDUSTRIES is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
RELIANCE INDUSTRIES's environmental score
Environmental score: 17.91/100
RELIANCE INDUSTRIES's social score
Social score: 5.39/100
RELIANCE INDUSTRIES's governance score
Governance score: 6.21/100
RELIANCE INDUSTRIES's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. RELIANCE INDUSTRIES scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that RELIANCE INDUSTRIES has, for the most part, managed to keep its nose clean.
RELIANCE INDUSTRIES share dividends
Dividend payout ratio: 11.42% of net profits
Recently RELIANCE INDUSTRIES has paid out, on average, around 11.42% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.3% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), RELIANCE INDUSTRIES shareholders could enjoy a 0.3% return on their shares, in the form of dividend payments. In RELIANCE INDUSTRIES's case, that would currently equate to about INR6.5 per share.
While RELIANCE INDUSTRIES's payout ratio might seem low, this can signify that RELIANCE INDUSTRIES is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 2 July 2020 (the "ex-dividend date").
Have RELIANCE INDUSTRIES's shares ever split?
RELIANCE INDUSTRIES's shares were split on a 1167:1156 basis on 13 May 2020. So if you had owned 1156 shares the day before before the split, the next day you'd have owned 1167 shares. This wouldn't directly have changed the overall worth of your RELIANCE INDUSTRIES shares – just the quantity. However, indirectly, the new 0.9% lower share price could have impacted the market appetite for RELIANCE INDUSTRIES shares which in turn could have impacted RELIANCE INDUSTRIES's share price.
RELIANCE INDUSTRIES share price volatility
Over the last 12 months, RELIANCE INDUSTRIES's shares have ranged in value from as little as INR2180 up to INR2807.894. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (BSE average) beta is 1, while RELIANCE INDUSTRIES's is 1.0573. This would suggest that RELIANCE INDUSTRIES's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
RELIANCE INDUSTRIES overview
Reliance Industries Limited engages in the hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, digital, and financial services worldwide. The company produces and markets petroleum products, such as liquefied petroleum gas, propylene, naphtha, gasoline, jet/aviation turbine fuel, kerosene oil, diesel, sulphur, petroleum coke, and alkylate. It also provides petrochemicals, such as high-density and low-density polyethylene, linear low density polyethylene, polypropylene, polyvinyl chloride, polyester yarn, polyester fibres, purified terephthalic acid, paraxylene, ethylene glycol, olefins, aromatics, linear alkyl benzene, butadiene, acrylonitrile, poly butadiene rubber, styrene butadiene rubber, caustic soda, and polyethylene terephthalate. In addition, the company explores, develops, and produces crude oil and natural gas; and operates various stores comprising neighbourhood, supermarket, hypermarket, wholesale cash and carry, specialty, and online stores, as well as stores that offer apparel, beauty and cosmetics, accessories, footwear, in-store salon, and a café. As of March 31, 2020, it operated 11,784 retail stores. Further, it provides range of digital services under Jio brand name, as well as involved in the investment in telecom infrastructure business; provides non-banking financial services, insurance broking, and other services; offers fabrics, apparel, and auto furnishing products; and operates various television channels. Further, it operates news and entertainment portals, finance portals, fashion and lifestyle portals, and online ticket booking platforms; publishes magazines; and provides fleet management and highway hospitality services, as well as is involved in content asset monetization, filmed entertainment, and investment arm of Network18 businesses.
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