Reliance Industries shares set for biggest-single day jump since April 2020 as Q2 earnings spark Rs 1 lakh crore rally
Reliance Industries moved higher in a quarterly results development for FY27.
· ET Stocks, Economic Times Markets
Reliance Industries shares surged nearly 7.5% after reporting outstanding Q2 results for FY27. The company announced a massive 41% yearly increase in net profit to Rs 25,548 crore, alongside a 29% rise in revenue to Rs 3.32 lakh crore. Many international brokers are holding onto 'Buy' ratings, anticipating considerable upside for the stock.
Key facts
- Period
- FY27
The analysis
Reliance Industries reported Rs 1 lakh crore, Rs 25,548 crore and Rs 3.32 lakh crore for FY27, with movement of 41%, 29% and 7.5% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +7.6% on the day at ₹1,253.80, and has returned -9.9% over three months. It sits 21% below its 52-week high. The oil & energy sector has moved -5.7% over the same period, so Reliance Industries is running 4.2 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.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Reliance Industries (RELIANCE), in Oil & Energy.
- Over three months: Reliance Industries -9.9% against Oil & Energy -5.7% (4.2 points behind).
- Trading well above normal today: Reliance Industries at 4.0 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Reliance IndustriesRELIANCE · Oil & Energy | ₹1,253.80 | +7.6% | -1.9% | -9.9% | -21.3% | 4.0× | — |
Oil & Energy
1M -4.8% · 3M -5.7%
Reliance Industries
Prices as of 2 Nov 2026, 12:51 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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