Reliance shares hit all-time high despite GST penalty

Business Nov 28, 2025

Reliance Industries just hit a new record on the stock market, with shares reaching ₹1,579—even after getting a hefty ₹56.44 crore GST penalty for input tax credit issues.
The company says it's appealing the order and that business will go on as usual, so investors don't seem too worried.

Solid growth keeps investors confident

Reliance shares were up nearly 1% by mid-morning and have climbed 6% in just the last month. Market experts see strong support for the stock and predict it could rise even further.
Over the past five years, Reliance's share price has jumped an impressive 77%, showing steady growth despite occasional bumps like this recent penalty.