Reliance is one of the biggest and fundamentally strongest companies in India. In the last 3-4 years the Reliance stock has given approx 250% returns. Before 1 – 2 months the Reliance created a new all-time high after approx 1 year. As of now the stock is showing strength and many analysts are bullish on the stock. So, let’s check the Reliance share price target 2023, 2024, and 2025.
Recently Jio Financial Services has been emerged from the Relinace and also listed in the market. Not only this, the reliance company is also involved in multiple businesses and provides a lot of services too.
Reliance is fundamentally a very strong and large-cap company. The reliance company is one of the leading companies in the businesses of energy, textile, petrochemical, etc. Not only this the company is also involved in many businesses in the last few years and most probably it will do the same in the future.
Related Posts:
- Jio Financial Share Price Target 2023, 2025, and 2025
- Ambuja Cement Share Price Target 2023, 2024, and 2025
- SBI Share Price Target 2023, 2024, and 2025
About Reliance
Reliance is the india’s one of the largest companies. It was founded in 1973 and as of now its current managing director is Shri. Mukesh Ambani. The company is also known as Reliance Industries Ltd.
Reliance Industries Ltd is involved in many businesses like petroleum refining & marketing, new energy, textiles, and petrochemicals. In the petrochemicals, they work on Polymers, Polysters, Fiber Intermediates, Aromatics, Elastomers, and many more…
They have a very big list of products and brands. You can check all of them by visiting their official website. You can also check their financials and the latest updates about the company.
Company Fundamentals
From the fundamentals, you can know about the company in detail like the strength of the company, the right value of the company, the position of company among the all companies of the same sector, financial statements, growth of the company, and many more.
Most probably you are a retail investor, It is highly recommended to do a fundamental analysis by yourself of the stocks in which you are investing or already invested. In case, you know how to do a fundamental analysis of companies you can learn it from the Internet.
Note: The fundamentals of the Reliance Industries Ltd. company were last updated on 30 August 2023. Check the latest data on any broker website or screener.
Revenue Growth (Last 5 Years)
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | 371,616.00 |
| March 2020 | 335,978.00 |
| March 2021 | 245.667.00 |
| March 2022 | 423,703.00 |
| March 2023 | 529,773.00 |
Quarterly Results (Last 5 Quarters)
| Quarter | Total Income (In Rs. Cr.) |
|---|---|
| Jun 2022 | 147,534.00 |
| Sep 2022 | 137,550.00 |
| Dec 2022 | 125,987.00 |
| Mar 2023 | 118,702.00 |
| Jun 2023 | 117,136.00 |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 16,36,078.99 Cr |
| ENTERPRISE VALUE | Rs. 17,95,090.99 Cr. |
| NO. OF SHARES | 676.61 Cr. |
| P/E | 42.13 |
| P/B | 3.35 |
| FACE VALUE | Rs. 10 |
| DIV. YIELD | 0.36 % |
| BOOK VALUE (TTM) | Rs. 722.39 |
| CASH | Rs. 56,811 Cr. |
| DEBT | Rs. 2,15,823 Cr. |
| EPS (TTM) | Rs. 57.40 |
| SALES GROWTH | 25.10 % |
| ROE | 9.05 % |
| ROCE | 9.81 % |
| PROFIT GROWTH | 13.39 % |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 22.48 % |
| DII | 16.38 % |
| Public | 10.76 % |
| Promoters | 50.39 % |
| Other Holders | 0.0 % |
Thumb Rules for Investing
Just by doing fundamental analysis, anyone cannot book maximum returns on the stocks. Based on the investors’ experiences a few basic rules become the rules for investing. In short, most retail investors or newbie investors make the below mistake as a result they do not get the maximum return on their investing.
These rules apply to the maximum sectors’ stocks. If you are new in the market or don’t have enough knowledge you should follow the rules to make your self psychology strong.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Reliance Share Price Target
The business model of the company is very good. The businesses in which Reliance Industries Ltd. is involved is one of the greater businesses. There is no doubt that the company will make a good profit every year. Reliance Industries Ltd. is also a leader in the industry.
The fundamentals of the company are very strong and as of August 2023, there are some positive points like revenue growth of 16.17 in the last 3 years, a high promoter holding at 50.39%, and many more. On the opposite side, the PE ratio of the company is very high at 42.13 which can be considered as overvalued.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
Reliance share price target 2023
In July month Reliance Industries Ltd. stock created a new all-time high As of now it is trading approximately 8 – 9% down from its all-time high.
Recently the stock has broken a major support range as a result we can see a downfall in the reliance stock for the short term. In case, if the next support is also broken we can see another fall. But there are very low chance of breaking the 2nd support and always remember the market is supreme anything can happen.
Reliance share price target 2024
The above-mentioned levels for the short term in short he levels or a few months also include a few months of the year 2024. As the stock is rejected from its all-time high and in the long term the Reliance stock will give profits.
Reliance stock is bearish as of now but in the next year it can be bullish and many analysts recommend buying the stock for the long term. Once the stock closes above its all-time high and sustains for a few days then we can start seeing a good move in the stock.
In 2024 if the stock sustains above Its all-time high then we can see the target of Rs. 2800 – 2900. Make sure you are checking all the price action formed in the higher timeframe.
Reliance share price target 2025
Reliance’s share target for 2025 can be hard to share because there are no levels in the higher time frame. There is no doubt the stock is good for the long term and most of the investors keep the stock in their portfolio.
As a long-term investor, you should not care for the short-term move in any fundamentally strong stock. Keep doing SIP in these types of stock if you don’t have good knowledge in the field.
We will update the target for 2025 in the reliance stock once anything is formed in the stock chart.
FAQs
As of now many investors and analysts are bullish on the stock. The share price target of RIL shares has been maintained for the three years. Remember this is only for education purposes, not any advisory or buying recommendation.
Yes, reliance stock is a good buy for the long term. The stock is also involved in many businesses and leader in them. Most of the investors have the stock in their portfioli for the long term.
In the next 5 years, you can expect 70% to 10% return in the next 5 years from now. Always remember any crash can also come in the market so, make sure you always have a plan.
Final Words: Reliance Industries Limited is one of the best stocks for the long term with low risk. In the large-cap stocks, there is less risk than the other mid-cap and small-cap stocks. With time the reliance company is also involving in new business which can be a lot beneficial for the investors. You can take ideas from the above Reliance share analysis.