As the year 2025 comes to a close, Reliance shares are poised to end on a high note, with a 28% gain on the BSE, outperforming the Sensex's 8% gain. The stock has been hovering near its record high of ₹1,580.90, hit on November 28 this year. But what's driving this growth, and is it the right time to invest in Reliance shares?
Driving Factors
The stock's performance can be attributed to its diversified business, focus on growth drivers, and healthy quarterly earnings. Reliance Industries continues to stand out as a structurally strong, diversified, and future-focused conglomerate, with Q2 FY26 results reinforcing its investment case.
- 9% YoY growth in PAT
- 16% jump in PBT
- 14.6% EBITDA growth
Segment Performance
The oil-to-chemicals (O2C) segment has demonstrated the benefit of the company’s integrated refining-petrochemical complex, recovery in fuel cracks, and polymer margin improvement. Jio remains a long-term growth pillar, with sustained subscriber additions, rising ARPU, strong EBITDA growth, and strategic investments in 5G, AI, and digital platforms.
Technical Indicators
Technical indicators suggest that Reliance shares are showing steady bullish traction, having taken support near the rising trendline and sustaining above all major DEMA clusters on the daily chart. A visible cup-and-handle breakout on the monthly chart signals the possibility of a sustained upside continuation.
- ADX holding above 20 highlights improving trend strength
- RSI sustaining above 60 indicates positive momentum and continued buying interest
Investment Outlook
Analysts believe that Reliance shares may rise to the level of ₹1700 in a year, with a potential upside target of 1,680. The stock is comfortably trading above its key exponential moving averages, which confirms a well-established bullish trend.
However, it's essential to remember that this is a perspective, not a prediction. Investors should consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.