When Reliance, Thala Ajith joined hands! Mukesh Ambani's FMCG segment expands Independence biscuit portfolio; 9 variants
Reliance Industries set out an expansion.
· LiveMint Companies
Reliance Consumer Products is expanding its Independence biscuit range with nine variants and 28 new SKUs, launching first across Tamil Nadu. Prices range from ₹5 to ₹125, with distribution through retail and online channels.
The analysis
Reliance Industries reported ₹5 and ₹125,. 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 -0.8% on the day at ₹1,289.50, and has returned -0.6% over three months. It sits 19% below its 52-week high. The oil & energy sector has moved -4.2% over the same period, so Reliance Industries is running 3.6 points ahead of 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 -0.6% against Oil & Energy -4.2% (3.6 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Reliance IndustriesRELIANCE · Oil & Energy | ₹1,289.50 | -0.8% | +11.3% | -0.6% | -19.0% | 1.8× | — |
Oil & Energy
1M -0.4% · 3M -4.2%
Reliance Industries
FMCG
1M -2.4% · 3M -8.7%
Consumer & Retail
1M -1.9% · 3M -7.9%
Consumer Durables
1M -1.8% · 3M -10.9%
Prices as of 3 Nov 2026, 14:39 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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