RIL: Growth baton to shift from O2C to new energy in FY28
Reliance Industries is in focus for FY28.
· LiveMint Markets
Despite the disappointing retail business, Reliance’s overall growth trajectory should continue. O2C’s profitability is likely to stay strong in the near term.
Key facts
- Period
- FY28
The analysis
Against that, the stock is +7.9% on the day at ₹1,256.50, 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.
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 3.9 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 | ₹1,256.50 | +7.9% | -1.9% | -9.9% | -21.1% | 3.9× | — |
Oil & Energy
1M -4.8% · 3M -5.7%
Reliance Industries
Prices as of 2 Nov 2026, 12:16 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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