RIL Share Price Target 2025: In a study published on January 26, 2025, prominent brokerage Motilal Oswal identified Reliance Industries, helmed by Mukesh Ambani, as its top selection for 2025. For the first time in the last ten years, RIL stock produced negative returns in CY24 and underperformed the larger benchmark equity indices during the previous several years.
Is Reliance Industries a Smart Buy Amid Market Crash? Reliance Share Price Target for 2025
RIL Share Price Target 2025: The shares of Reliance Industries, which is owned by billionaire Mukesh Ambani, appeared to be untouched by today’s stock market meltdown. On Friday, RIL’s stock began trading at Rs 1201 per share on the BSE and reached an intraday high of Rs 1217.40. It was one of the few Sensex counters that managed to survive the “red” sea.
With a market valuation of Rs 16,35,048.96 crore, the oil-to-telecom giant Reliance Industries is the biggest corporation in the nation and operates in several consumer-facing industries, including fashion, retail, FMCG, and telecom, to mention a few. Mukesh Ambani, the chairman of RIL, is also the richest person in the nation.
Despite the chaos on D-Street, the blue-chip RIL stock appears to be doing well. Does that make it a good choice for today’s purchase?
2025 Share Price Target for RIL
In a report published on January 26, 2025, prominent brokerage Motilal Oswal named Ambani-led Reliance Industries as its top pick for 2025. For the first time in the last ten years, RIL stock produced negative returns in CY24 and underperformed the larger benchmark equity indices during the previous several years.
The brokerage thinks the risk-reward is attractive after the sharp downturn. The firm set a target price of Rs 1,605 for RIL shares a month ago.
According to the most recent research, Motilal Oswal has kept his buy recommendation on RIL shares with a target price of Rs 1605.
Leading brokerage company JPMorgan kept its recommendation on Ambani’s Reliance Industries as Overweight around two weeks ago. It stated that following the stock correction, Reliance Industries’ valuation is fair and that the company stands to gain from the recovery of retail segment growth and the hike in communication rates.
The firm has set a target price of Rs 1520 for Reliance Industries shares and has given them an Overweight rating.
Reliance Shares Price
In the meantime, Reliance Industries’ stock has dropped 34% from its July 8, 2024, top of Rs 1,608.95. RIL shares were trading at Rs 1211 per share on the BSE at about 1:51 pm on Friday.
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