Reliance Industries Ltd is a fortune 500 company and the largest private sector corporation in India. It was set up in the year 1980-82 with its first petrochemical and polyester filament yarn plant. With the years passing by, in 2000, the Jamnagar refinery was commissioned as the world’s largest grassroot refinery. RIL further expanded its business vertical and entered into the InfoComm sector in India in 2002. Leaving no stone unturned, Reliance Industries focused on providing care, opportunities, space, development, and empathy for the Indians and thus launched Reliance Foundation. In the year 2016-17, a digital revolution came in India with the launch of Jio which is now continuously diversifying its operations by entering in the financial service sector, launching 5G services. It has the following business segments as of today: new energy and new materials, retail, media and entertainment, petrochemicals, energy, and digital services Jio.
In the FY 22-23, Reliance reported its revenue at Rs. 9,74,864 crores which had an increase of 23.6% as compared to the last year. The PAT also increased by 11.3% Y-o-Y standing at Rs. 73,670 crores. The EBITDA of Reliance was Rs. 1,53,920 crores in FY 2022-2023. Having a market capitalization of Rs.17,72,456 crores, Reliance Industries Ltd is having an aim to create a sustainable growth environment.
Reliance share price had an opening of Rs. 2,593.7 on 28th December 2023. The 52-week high of Reliance Ltd share price is Rs. 2,841.85 on 19th July 2023 and the 52-week low of Reliance Ltd share price is Rs.2201.25 on 20th March 2023. Reliance Ltd share price has seen an increase of 2.37% in the last one year and by 2.97% in the last six months.
By having a stronger base and organizational values Reliance Industries is aiming to make India a global leader in every aspect.
Reliance Industries share price as on 19 Mar 2024 is Rs. 2835.5. Over the past 6 months, the Reliance Industries share price has increased by 15.58% and in the last one year, it has increased by 37.23%. The 52-week low for Reliance Industries share price was Rs. 1979.13 and 52-week high was Rs. 3024.9.