Reliance Industries stocks hit 52-week-high: Should you buy or sell?
What's the story
Reliance Industries Limited (RIL) has hit a 52-week high, with its share price rising over 1% to ₹1,552 in today's trading session. The Mukesh Ambani-led conglomerate has gained nearly 4% in the last month and over 8% in six months. The stock is now at its highest since July 19, 2023, when it had hit an all-time high of ₹1,608.95.
Performance
RIL outperforms market indices
In the last month alone, RIL has gained nearly 4%, outperforming the broader market significantly. The Sensex, for comparison, has only risen by 0.37% during this time. So far in calendar year 2025, RIL's stock price has jumped a staggering 27%, compared to an 8.4% gain in the benchmark index.
Market cap
A look at RIL's market capitalization
RIL's market capitalization also crossed the ₹21 trillion mark in intraday trade, backed by the strong rally in its share price. The company's success over the last decade can be attributed to its ability to incubate "businesses of the future" such as digital services and retail, transforming from a legacy oil and gas (O&G) player.
Growth
Telecom and retail businesses thrive
In the telecom sector, RIL continues to be the industry leader with heavy investments in 5G infrastructure. Analysts at BNP Paribas India believe that RIL is well-positioned to benefit from rising data consumption and also sustained telecom tariff hikes. Its retail business remains a market leader in grocery, fashion, and consumer electronics.
Business expansion
Upstream O&G business and green energy verticals
RIL's upstream O&G business has turned around with new production from the KG-D6 gas fields. BNP Paribas sees long-term potential in RIL's emerging green-energy verticals such as solar, batteries, fuel cells, and hydrogen. Motilal Oswal Financial Services has reiterated its 'Buy' rating on RIL with a target price of ₹1,765 per share.