Reliance Share Tumbles: The biggest fall in the last seven months was recorded in the shares of Reliance Industries Limited (RIL) on Tuesday. The stock fell 4.5 percent to close at Rs 1,507.60, its lowest level since June 4, 2004. Under selling pressure during trading, it fell by 5.1 percent to Rs 1,496.30. Due to this, the market valuation of the company has decreased by about Rs 1 lakh crore.

Many reasons are believed to be behind this decline, the main ones being geopolitical tension, global trade uncertainty and profit-booking. This weakness in the shares came at a time when the company clarified that it has not purchased any crude oil from Russia in the last three months and no delivery is expected in January also.

Pressure increases on Russia-India energy relations

This clarification of Reliance has come at a time when questions are being raised at the international level regarding the energy relations between India and Russia. Meanwhile, US President Donald Trump warned that if India does not stop purchasing Russian oil, tariffs on India may be increased further. This comment of Trump increased the concern of investors regarding geopolitical tension and trade relations, the effect of which was directly visible on the stock market.

Reliance’s official clarification

Reliance Industries on Tuesday said it has not received any crude oil from Russia for nearly three weeks, and there is no possibility of supplies in January also. The company had earlier said on November 20, 2025 that it has stopped processing Russian crude at its special export (SEZ) refinery in Jamnagar, Gujarat to comply with EU sanctions.

It is noteworthy that Reliance was earlier the largest buyer of Russian oil in India. The company used to process crude oil in the huge refining complex of Jamnagar and make products like petrol and diesel. There are two refineries in this complex—

• An SEZ unit from where fuel is exported to the EU, US and other markets
• Second old unit catering to the needs of the domestic market

The European Union is a big market for Reliance and has imposed tough restrictions on the import and sale of fuel made from Russian crude, targeting Russia’s energy revenues. Under these conditions, Reliance has stopped using Russian oil in its export-oriented refinery. Although the stock has seen a huge decline, most market experts still have a positive stance on Reliance. Most of the brokerage firms have maintained ‘buy’ rating on the stock and set a target price of Rs 1,685.

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Reliance Industries Share: Reliance Industries Limited (RIL) shares rose up to 3 % within just half an hour of opening the market on Monday, April 28, after the announcement of a brilliant result of the fourth quarter on 25 April last Friday. Reliance’s stock opened at Rs 1332.35 today and on seeing it, it touched the Intrade High Level of Rs 1343.00.

Investors earned strong money in just half an hour

It was trading at Rs 1337.85 at 9:45 pm with 2.91 percent or gaining Rs 37.80. The stock market is seeing a boom on Monday, the first business day of the week. As soon as the market opened, BSE Sesect jumped 650 points and the Nifty also reached the level of 24000.

At the same time, in the meantime, the impact of this stormy boom in Reliance’s stock was also seen on its market cap. Where its market capital on Friday was Rs 17.59 lakh crore. At the same time, today it has increased to Rs 18.28 lakh crore. According to this, within just 30 minutes in early trade, Reliance’s investors made a strong profit of Rs 69000 crore.

Company performed brilliantly in March quarter

Let us know that Reliance Industries, led by the country’s richest man Mukesh Ambani, was a net profit of Rs 19,407 crore for the January-March 2025 quarter, which is 2.41 % higher against Rs 18,951 crore in the same period last year.

The company’s total income has increased by 8.8 percent to Rs 2,88,138 crore in the same quarter of the previous year, while the operation has increased by 9.9 percent to Rs 2,64,573 crore. Similarly, total income has reached Rs 2,69,478 crore with a gain of 9.9 percent year after year.

The board of the company has announced a dividend of Rs 5.50 on each equity share with a face value of Rs 10 for the financial year ended 31 March, 2025.

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