Picture not described

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Reliance Industries (RELIANCE) shares

Learn how to easily invest in Reliance Industries shares.

Reliance Industries Limited is an oil & gas refining & marketing 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

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – RELIANCE – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Compare online brokers

Name Product Number of stocks CFDs Shares Available Markets Link
Axis Direct
All NSE/BSE listed stocks
No
Yes
IN
Go to site
More info
Get brokerage cashback of up to Rs 500 on trades done online through Axis Direct website, Swift Trade, or Mobile app.
TradeSmart
All NSE/BSE listed stocks
No
Yes
IN
Go to site
More info
Saxo Bank
19,000+
Yes
Yes
AU, CN, CZ, DK, ES, FR, TW, HK, IT, HU, SA, NE, NO, PL, RU, SG, CH, UK, JP
Go to site
CFD service. Your capital is at risk.
More info
CFD Service. Your capital is at risk.
Zacks Trade
Zacks Trade
Access to global markets
No
Yes
US, AU, ES, FR, HK, IT, NO, RU, SG, CH, UK, JP, MX, DE, CA, AUT, BEL, NL, SE
Go to site
Exness
N/A
Yes
No
SA, SG, VN, TH, PH, ID, IN, UAE, ZA, EG, BR, CR, MX
Go to site
CFD service. Your capital is at risk.
More info
CFD Service. Your capital is at risk.
loading

Compare up to 4 providers

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

Information last updated 2021-10-24.
Latest market closeINR2,632.65
52-week rangeINR1,824.13 - INR2,750.00
50-day moving average INR1,973.45
200-day moving average INR2,057.78
Wall St. target priceN/A
PE ratio 39.0198
Dividend yield INR6.5 (0.25%)
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 INR2632.6499 from 2021-10-27

1 week (2021-10-20) -2.49%
1 month (2021-09-28) 3.32%
3 months (2021-07-28) 29.25%
6 months (2021-04-28) 31.89%
1 year (2020-10-27) 29.42%
2 years (2019-10-25) 84.01%
3 years (2018-10-26) 152.00%
5 years (2016-10-27) 151.09%

Is Reliance Industries under- or over-valued?

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 39x. In other words, Reliance Industries shares trade at around 39x 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%
Profit margin 8.06%
Book value INR764.93
Market capitalisation INR17.8 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 12/31/2018) 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

10%

Dividend payout ratio: 9.54% of net profits

Recently Reliance Industries has paid out, on average, around 9.54% 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 1 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 12 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 INR1824.1311 up to INR2750. A popular way to gauge a stock's volatility is its "beta".

RELIANCE.BSE volatility(beta: 1.06)Avg. volatility(beta: 1.00)LowHigh

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.

Frequently asked questions

Reliance Industries in the news

There are no recent company news
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site