INDIA MARKET LENS
2 outlets▲ Positive

Jio Gains 2.4 Million Mobile Users In August, Airtel 2.1 Million: TRAI Data

Reliance Industries is in focus.

28 Sept 2026 · NDTV Profit, BS Companies

Vodafone Idea added about 506,000 wireless mobile subscribers during the month, while state-owned BSNL gained nearly 493,000 users.

Against that, the stock is -1.0% on the day at ₹1,205.60, and has returned -7.5% over three months. It sits 24% below its 52-week high. The oil & energy sector has moved +1.0% over the same period, so Reliance Industries is running 8.5 points behind its peers.

For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.

  • The company directly in focus is RELIANCE.
  • Sector exposure: Oil & Energy, Telecom & Media.
  • The immediate tone of coverage reads positive.
RELIANCEBHARTIARTLOil & EnergyTelecom & Media