Reliance share price today

Reliance Industries Ltd's share price was ₹1,311.00 at the close on 4 November 2026. It has been falling for 34 weeks. That is 0.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,165 and ₹1,592, and at that close it sat 34% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Reliance Industries Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved +469% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: profit grew again in the September 2026 quarter, revenue up on a year earlier for 8 quarters in a row and foreign funds (FIIs) cut their stake for 3 quarters in a row.

1. Profit grew again in the September 2026 quarter

   Profit was ₹29,550 crore, +33.8% on a year earlier (₹22,092 crore), after 2 quarters of decline.

   Why: Profit rose because the oil-to-chemicals business led the group's earnings and Jio also chipped in.

   Next results: check whether O2C profit holds up as fuel supply gets disrupted, crude buying shifts, and the gap between crude costs and product prices changes.

   From the earnings call on 30 Oct 2026.

2. Revenue up on a year earlier for 8 quarters in a row

   In the September 2026 quarter revenue was ₹3,30,601 crore, +29.8% on a year earlier.

3. Foreign funds (FIIs) cut their stake for 3 quarters in a row

   From 19.1% to 16.7% of the company by the September 2026 quarter.

For July to September 2026 (the quarter ended 30 September 2026), Reliance reported revenue of ₹3,30,601 crore, up 29.8% from ₹2,54,623 crore a year earlier, and a profit of ₹29,550 crore, up 33.8% from ₹22,092 crore.

Reliance results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Reliance's management discussed these results on a call held on 30 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Reliance closed at ₹1,311.00 on 4 November 2026, down 11.3% from ₹1,478.00 a year earlier (7 November 2025) and up 14.4% over five years. Its highest weekly close since March 2016 was ₹1,596.73 on 12 July 2024.

Reliance share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Reliance closed at ₹1,311.00, up 12.5% on the week and up 12.3% on the month. 30 Oct 2026: Reliance held its results call for July to September 2026. Management guided: FY27 O2C operating profit described as on course for ₹80,000 crore.

Earlier

• Results for July to September 2026: Revenue up 29.8% and profit up 33.8% on a year earlier.
• 5 Jun 2026: ex-date for a dividend of ₹6 a share.
• 28 Oct 2024: Bonus issue: 1 new share for every 1 held (ex-date).

Reliance paid ₹6 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.46% at the ₹1,311.00 close on 4 November 2026. The last was a dividend of ₹6 a share, ex-date 5 June 2026.

Reliance dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Reliance Industries Ltd paid out 10% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 30 October 2026, Reliance's management guided: FY27 O2C operating profit described as on course for ₹80,000 crore.

“Wherever the economics do not make sense, we will not grow.”Dinesh, on the call for July to September 2026

What management guided

• Jio growth visibility in the high teens.
• Retail operating profit-doubling objective retained; online scale expected to support absolute operating profit from next year, with timing potentially varying by a year.
• New Energy earnings contribution in FY28; solar modules planned at 20 GW early next year and cells at 20 GW in the first half.
• BESS pack and container facility planned for commissioning in the next half-year, up to 40 GWh; cells at 35-40 GWh in the second half of next calendar year.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 30 October 2026.

When Reliance reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Retail's festive-period sales and like-for-like performance should show whether the calendar shift lifts demand.

Reliance is on 4 of our India lists: Nifty 50 companies, 52 week high & low, AI & data centre stocks and Oil & gas stocks.

Reliance Industries Ltd earned ₹29,550 Cr of net profit in the Sep 2026 quarter, +33.8% on the same quarter a year earlier. Full-year FY26 profit was ₹95,754 Cr. Over 10 years profit has grown 12.4% a year on average. That is 8.9% of the quarter's revenue. The same quarter a year earlier earned ₹22,092 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹95,754 Cr (+17.8% on the year before).

Why profit moved: revenue changed +29.8% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +0.5% and revenue +19.9%. Profit is growing slower than sales: rising costs are taking part of the growth.

Reliance Industries Ltd reported ₹3,30,601 Cr of revenue in the Sep 2026 quarter, +29.8% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 10 years it has grown 14.5% a year on average. The last full year, FY26, came in at ₹10,55,780 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹11,99,033 Cr.

FY26 revenue was ₹10,55,780 Cr, +9.7% on the year before.

Recent pace: the last four quarters grew +19.9% on average, against 14.5% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +19.9%, against +13.9% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −1.8%, against +11.0% a year (rolling over).

Reliance Industries Ltd's operating margin was 17.0% in the Sep 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 8.0% and 18.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −0.9 percentage points on the year while gross margin changed −4.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 207% of Reliance Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,92,113 Cr of operating cash against ₹95,754 Cr of profit. After ₹1,58,418 Cr of spending on assets, ₹33,695 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 207% of profit came in as cash: the cash cycle got 44 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 3.1× depreciation over three years. The next section checks what that spending is building.

Reliance Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 25 days in FY26, up from −19 days in FY21. It spent ₹5,05,580 Cr on assets over the last 3 years. Customers take 20 days to pay, and stock sits for 88 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹10,55,780 Cr, each day of that cycle ties up about ₹2,893 Cr, so roughly ₹72,314 Cr is tied up in the business at any time.

FY26: customers took 20 days to pay and stock sat for 88 days, about 2.9 months of sales sitting as stock, for a full cycle of 25 days, longer than FY21's −19.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 88 days. Customers pay about 20 days after that. Suppliers are paid at 84 days. Together that makes the 25-day cycle.

Spending on assets: ₹5,05,580 Cr over the last 3 years, against ₹1,61,656 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2,37,686 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Reliance Industries Ltd's P/E is 21.6×, in the middle of its own history: higher than 39% of past readings. Its usual P/E (the middle reading) is 23.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.