Reliance Industries Limited (NSE:RELIANCE)
India · Delayed Price · Currency is INR 1,190.00
+5.50 (0.46%)
Oct 23, 2026, 3:28 PM IST
Reliance Industries Stock Forecast
Stock Price Forecast
According to 25 analysts polled by S&P Global, Reliance Industries stock has a consensus rating of "Strong Buy" and an average price target of ₹1,666. The average 1-year stock price forecast is 40.00% higher than the current stock price, while the lowest is ₹1,350 (+13.45%) and the highest is ₹1,890 (+58.82%).
Price Target: ₹1,666 (+40.00%)
Analyst Consensus: Strong Buy
Price Target
Chart* Price targets were last updated on Sep 21, 2026.
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 24 | 25 | 25 | 20 | 20 | 19 |
| Buy | 7 | 5 | 5 | 5 | 5 | 5 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 32 | 31 | 31 | 26 | 26 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Buy Maintains ₹1,870 | Buy | Maintains | ₹1,870 | +57.14% | Sep 21, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹1,625 | Buy | Maintains | ₹1,625 | +36.55% | Sep 3, 2026 |
| Jefferies | Jefferies | Buy Maintains ₹1,705 → ₹1,710 | Buy | Maintains | ₹1,705 → ₹1,710 | +43.70% | Sep 1, 2026 |
Unknown Analyst BOB Capital Markets No rating | BOB Capital Markets | Buy Maintains ₹1,610 | Buy | Maintains | ₹1,610 | +35.29% | Jun 22, 2026 |
Financial Forecast
Revenue This Year
6.41T
from 10.57T
Decreased by -39.39%
Revenue Next Year
5.82T
from 6.41T
Decreased by -9.15%
EPS This Year
63.89
from 32.40
Increased by 97.20%
EPS Next Year
32.50
from 63.89
Decreased by -49.13%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.