11 Nov 2025, Tue

Mukesh Ambani’s RIL gets profit of Rs 22000 crore, now shares will be in focus on Monday


Reliance Industries Q2 Results: Mukesh Ambani-led oil-telecom-retail segment giant Reliance Industries Ltd on Friday announced the results of the second quarter of the financial year 2026. During this period, the company’s profit after tax (PAT) jumped by 15.9 percent to Rs 22,146 crore.

The company’s revenue from operations also increased

However, there was a decrease in it compared to the previous quarter. The company’s operational revenue in the second quarter of FY26 stood at Rs 283,548 crore, which shows an annual increase of 9.9 percent from Rs 258,027 crore recorded in the same period a year ago. The company’s operational revenue in the June quarter of this year stood at Rs 273,252 crore.

Jio also performed brilliantly

Reliance Jio’s performance was also excellent in the second quarter. Its revenue increased by 14.6 percent to Rs 36,332 crore compared to last year. Profit after tax also increased by 12.8 percent to Rs 7,379 crore. The company said that Jio’s ARPU increased to Rs 211.4 in the second quarter. This reflects the average revenue per user. Apart from this, the company also achieved this growth due to the increasing demand for Jio AirFiber.

Tremendous rise in shares

At the same time, before the announcement of the company’s second quarter results, the shares of Reliance Industries Limited (RIL) regained the level of Rs 1,400 after 16 sessions. On Friday, the last trading day of the week, shares of Reliance Industries rose 1.5 percent to Rs 1,417.80 on NSE in early trade, up 27 percent from their 52-week low. The market cap of the company stood at Rs 19.17 lakh crore.

More than 20 percent increase in 2 years

RIL shares have increased by 4.38 percent in one year and 20.23 percent in two years. The stock’s beta is 1.2, which represents 20 percent more volatility than the market in a year. RIL shares had fallen to a 52-week low of Rs 1115.55 on April 7, 2025 and reached a record high of Rs 1551 on July 9 this year.

The Relative Strength Index (RSI) of RIL stock stands at 57, which shows that it is neither trading in the oversold nor overbought zones. RIL shares are trading above 5 day, 10 day, 20 day, 30 day, 50 day, 100 day and 200 day moving averages. Brokerage Investec has given ‘Buy’ rating to the stock with a target price of Rs 1890. Brokerage firm Citi has kept a target price of Rs 1,690 for RIL shares.

Also read:

Government took another big decision for central employees, the matter is related to pension

Source link

By Admin

Leave a Reply

Your email address will not be published. Required fields are marked *