{"id":79732,"date":"2025-07-21T04:27:12","date_gmt":"2025-07-21T04:27:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/79732\/"},"modified":"2025-07-21T04:27:12","modified_gmt":"2025-07-21T04:27:12","slug":"reliance-industries-share-price-target-highest-one-implies-an-upside-potential-of-20-post-q1-results","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/79732\/","title":{"rendered":"Reliance Industries share price target: Highest one implies an upside potential of 20% post Q1 results"},"content":{"rendered":"<p>92% of the 37 analysts that have coverage on <a class=\"stockpage_articles\" href=\"https:\/\/www.cnbctv18.com\/market\/stocks\/reliance-industries-share-price\/RI\/\" target=\"_blank\" rel=\"noopener\">Reliance Industries Ltd<\/a>., the Nifty 50 heavyweight, continue to maintain their &#8220;buy&#8221; recommendation on the stock after its June quarter results, that were reported after market hours on Friday, July 18.<\/p>\n<p>Brokerage firm Nuvama, which had the highest price target on the street for Reliance Industries at \u20b91,801, has marginally trimmed its target to \u20b91,767, which still implies a potential upside of 20% from Friday&#8217;s closing levels. This is followed by Axis Capital, who raised its target to \u20b91,764 from \u20b91,720 earlier.<\/p>\n<p>Nuvama believes that new energy ecosystem will ramp-up in the next four to six quarters, which will turn out to be the largest multi-decadal growth driver. The brokerage also said that the RIL&#8217;s Petchem expansion is on track for financial year 2027 and a rise in US ethane imports will lift margins.<br \/>However, Morgan Stanley said in its note that RIL&#8217;s earnings did not provide the growth confidence they were hoping for. It also said that the guidance provided by the company was optimistic. Despite this, it retained its &#8220;overweight&#8221; recommendation on the stock, with a price target of \u20b91,617.<\/p>\n<p>Jefferies is another brokerage which has a price target of over \u20b91,700 for the stock. It had a &#8220;buy&#8221; rating with a price target of \u20b91,726 on the stock. The brokerage said that the refining outlook remains constructive, even as the o2C business was impacted by a refinery shutdown.<\/p>\n<p>\nThe focus will now shift to the company&#8217;s Annual General Meeting, with expectations of a possible listing of Jio, preceded by a tariff hike, Jefferies said.<\/p>\n<p>Nomura sees three growth triggers for Reliance in the near-term &#8211; scale up of the new energy business, tariff hikes for Jio, which will flow directly into the bottomline, and potential IPO and listing for Jio.<\/p>\n<p>The brokerage has cut RIL&#8217;s profit after tax (PAT) estimates by 1% and 10% for financial year 2026 and 2027, and its EBITDA estimate for financial year 2027 by 3%.<\/p>\n<p>Nomura has a &#8220;buy&#8221; rating on Reliance Industries with a price target of \u20b91,600.<\/p>\n<p>34 out of the 37 analysts covering Reliance Industries have a &#8220;buy&#8221; rating on the stock, while two have a &#8220;sell&#8221; and one has a &#8220;hold&#8221; recommendation.<\/p>\n<p>Shares of Reliance Industries ended little changed on Friday at \u20b91,476. The stock has risen 20% so far in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"92% of the 37 analysts that have coverage on Reliance Industries Ltd., the Nifty 50 heavyweight, continue to&hellip;\n","protected":false},"author":3,"featured_media":79733,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[54821,64,135,54822,54819,54820,54818,49623,54817,54823,67,132,68],"class_list":{"0":"post-79732","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-brokerages-on-reliance-industries","9":"tag-business","10":"tag-markets","11":"tag-reliance-industries-key-triggers","12":"tag-reliance-industries-q1","13":"tag-reliance-industries-q1-earnings","14":"tag-reliance-industries-q1-results","15":"tag-reliance-industries-share-price","16":"tag-reliance-industries-share-price-target","17":"tag-ril-share-price-target","18":"tag-united-states","19":"tag-unitedstates","20":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114889335957152447","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/79732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=79732"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/79732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/79733"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=79732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=79732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=79732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}