Reliance Industries Limited (NSE:RELIANCE)
India · Delayed Price · Currency is INR 1,296.90
-10.90 (-0.83%)
At close: Jul 13, 2026
Reliance Industries Stock Forecast
Stock Price Forecast
According to 31 analysts polled by S&P Global, Reliance Industries stock has a consensus rating of "Strong Buy" and an average price target of ₹1,694. The average 1-year stock price forecast is 30.64% higher than the current stock price, while the lowest is ₹1,510 (+16.43%) and the highest is ₹1,910 (+47.27%).
Price Target: ₹1,694 (+30.64%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Reliance Industries stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 24 | 23 | 24 | 24 | 25 | 25 |
| Buy | 9 | 9 | 7 | 7 | 5 | 5 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 35 | 33 | 32 | 32 | 31 | 31 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst BOB Capital Markets No rating | BOB Capital Markets | Buy Maintains ₹1,610 | Buy | Maintains | ₹1,610 | +24.14% | Jun 22, 2026 |
| Jefferies | Jefferies | Buy Maintains ₹1,695 → ₹1,675 | Buy | Maintains | ₹1,695 → ₹1,675 | +29.15% | Jun 22, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹1,660 | Buy | Maintains | ₹1,660 | +28.00% | Jun 2, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Mar 31, 2026 |
Unknown Analyst Prabhudas Lilladher No rating | Prabhudas Lilladher | Buy Maintains ₹1,688 | Buy | Maintains | ₹1,688 | +30.16% | Feb 19, 2026 |
Financial Forecast
Revenue This Year
5.90T
from 10.57T
Decreased by -44.18%
Revenue Next Year
12.25T
from 5.90T
Increased by 107.60%
EPS This Year
64.06
from 59.69
Increased by 7.32%
EPS Next Year
71.78
from 64.06
Increased by 12.05%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 6.3T | ||
| Avg | 5.9T | ||
| Low | 10.6T |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | -40.2% | ||
| Avg | -44.2% | ||
| Low | -0.2% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 80.52 | ||
| Avg | 64.06 | ||
| Low | 27.70 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 34.9% | ||
| Avg | 7.3% | ||
| Low | -53.6% |