Reliance Capital Price Target 2024, 2025, 2030

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Reliance Industries (RELIANCE) is an Indian conglomerate operating in the oil and gas, petrochemical, retail, telecommunications, and other sectors. The company specializes in the extraction and processing of hydrocarbon resources, production of petrochemical products, polymers, textile materials, and telecommunications services.

1

Current RELIANCE stock price ₹2,903.

2

According to analytical forecasts, the price of RELIANCE stocks may reach ₹3,198.23 by the end of 2024, and it is expected to be - ₹4,409.28 by the end of 2029.

3

Based on technical analysis indicators, the recommendation for the 1H (one-hour) timeframe is Strong Sell, and for the 1D (one-day) timeframe - Sell.

The price chart of RELIANCE is relatively unstable, with sharp periodic declines. The state of the global economy has a strong impact on the stock price. In the long term, there is a possibility of reaching historical highs.


Analysts at Traders Union have gathered maximum information about Reliance Industries to help you forecast future price movements. In the review, you will find the values of key ratios, signals from technical analysis indicators, as well as stock price and capitalization forecasts from independent experts and TU experts.


Traders Union analysts reviewed the financial condition of Reliance Industries, evaluated factors impacting the stock price and made short and long-term price forecasts. The review also features information on key multipliers of Reliance Industries as well as several useful ideas to help you make an informed investment decision.

NOTE!

On this page, you will find the latest information about current prices, updated and new forecasts for short and long-term intervals:

  • Asset quotes are updated every minute.
  • Price chart is updated every minute.
  • Technical indicator data is updated according to the time frame. For example, on M5, the data is updated every 5 minutes.
  • Medium and long-term forecasts are updated every hour.
  • Financial reporting data is updated quarterly.

Data for fundamental analysis of Reliance Industries stock

In this section you will learn about the basic statistics of Reliance Industries and other data for fundamental analysis. The section provides key financial indicators of the company as well as main multipliers.


Basic indicators contain information about the company that provides a general idea of its operation and position in the market.



Basic indicators
Industry
Oil & Gas Refining & Marketing
Sector
Energy
Number of employees
389.41K
Latest dividend payment date
2023-08-21
Dividend amount
9
Market cap
20.2T
Net income
196.41B
52-week low
2.22K
52-week high
3.02K
Beta coefficient
0.6


Key financial indicators of Reliance Industries contain general information about the financial condition of the company. For analysis, current values are compared to the values of previous periods, forecasts and indicators of competitors.



Financial indicators
Gross profit
2.5T
Net income
196.41B
Accounts payable
1.58T
Accounts receivable
369.36B
EPS
25.52
Long-term debt
2.41T


Multipliers are coefficients, derivative financial indicators that allow for assessing financial stability, the degree of undervaluation, overvaluation, investment attractiveness of a company, company’s performance, and forecasting an increase or decline in the value of shares.



Multipliers
EV
22.84T
EV/R
2.6
P/E
28.73
EV/EBITDA
15.19
EBITDA
317.75B
P/S
2.3
Profit margin
0.08
P/B
2.69
Operating margin
0.12
Total debt
3.17T
Annual revenue per share
1.3K
Debt to equity ratio
36.1
ROE
0.07
Current liquidity coefficient
1.16
ROA
0.04
Ratio of short positions to the total shares in circulation
-
Forward P/E
-
Forward annual dividend yield
0.01
PEG
4.01
Operating cash flow
841.31B

Reliance Industries stock forecast for today, RELIANCE signals for 1 week

Short-term RELIANCE price forecast (signals) are prepared by Traders Union based on the technical analysis of moving averages and indicators for each timeframe (interval) separately. Select the timeframe that you need to learn the RELIANCE forecast for today.

NOTE!

Signals may differ on different time frames. If you want to buy Reliance Industries (RELIANCE) and hold the stock for longer than one week, it is best to use the signals on daily and weekly timeframes. Timeframes from 5 minutes to 1 hour are best suitable for short-term transactions!

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Indicator Based Technical Analysis of RELIANCE/INR

To find a better entry point, also find out what TradingView technical analysis tool signals for the Reliance Industries (RELIANCE/INR) price. "Sell" or "Strong Sell" means that most of the signals are bearish. "Buy" or "Strong Buy" means that most of the signals are bullish. For short-term signals, it is recommended to use settings from 15 minutes to 2 hours. For long-term signals, it is recommended to use settings from 4 hours to 1 week.

RELIANCE/INR Chart Online

What Reliance Industries price will be in 5 years and 12 years – prediction by years

According to the Traders Union long-term price forecast Reliance Industries (RELIANCE) can reach ₹3,198.23 by 2025, ₹4,409.28 by 2030, ₹5,700.79 by 2034.

Year Price in the middle of the year Price at the end of the year
2024 ₹3,095.56 ₹3,198.23
2025 ₹3,300.89 ₹3,410.37
2026 ₹3,519.84 ₹3,636.58
2027 ₹3,753.31 ₹3,877.79
2028 ₹4,002.27 ₹4,135.01
2029 ₹4,267.74 ₹4,409.28
2030 ₹4,550.82 ₹4,701.75
2031 ₹4,852.68 ₹5,013.62
2032 ₹5,174.56 ₹5,346.18
2033 ₹5,517.79 ₹5,700.79
2034 ₹5,883.79 ₹6,078.93
2035 ₹6,274.06 ₹6,482.14

Alternative long-term price forecasts by independent analytical platforms

Here, you will find long-term stock price forecasts provided by independent analytical resources. The price forecasting methodologies they use vary, which is why the forecasts may differ substantially from each other. We recommend focusing on the average price.


According to the price forecast by Walletinvestor analysts, the Reliance Industries stock will be priced at ₹3,083.03 at the beginning of 2025, and ₹3,642.575 at the beginning of 2028.


What Reliance Industries (RELIANCE) news can influence the price in the future?

Reliance is an international company that accounts for about 7-8% of India’s total exports. The company contributes around 5% of the country’s budget through customs duties. Its products are supplied to over 100 countries worldwide. Reliance is financially stable, and therefore the value of its shares will primarily depend on two factors:


  • The Indian rupee price. A depreciating national currency benefits exporters, as their revenue is in foreign currency. Therefore, if the rupee devalues, the stock price in INR will increase.
  • The state of the global economy. Stagnation and crisis lead to a decrease in global demand and revenue decline.

Positive influences will come from business expansion and government support.

Latest exchange rates online

Price prediction methodology

The following tools and instruments were used for making the prediction:


Basic instruments of technical analysis. The forecast relies on basic technical indicators. The analysis was performed mostly on medium and long-term time frames for more accurate results.

Chart analysis. Analysis comprises a review of key levels of support, resistance, trend lines, as well as patterns formed on different time frames.

Statistical tools help evaluate a probability of a fundamental factor that could impact the price, its nature and intensity of impact.

Methods of mathematical and statistical analysis; modeling, adaptive forecasting methods.

Expert opinions and consensus forecast.

NOTE!

This forecast is based on current information and data of previous periods. Emergence of strong fundamental factors capable of radically changing the overall market trend and subsequent price trend is possible. The forecasts are updated regularly based on the latest data.

This article is created for informational purposes only and does not constitute investment advice. Be aware of the high volatility of cryptocurrencies and consider these risks when making investment decisions.

FAQs

Is Reliance a good company to invest in?

Yes. Amid a depreciating Indian rupee, it is a good instrument for capital protection and diversification of a long-term investment portfolio.

Is Reliance stock overvalued?

No. The company’s stocks are not overvalued. This is supported by ratios and backed by real financial results.

What is the 5-year forecast for Reliance stock?

The forecast depends on the Indian rupee price, the overall trend of the global economy, and changes in demand for the company's products.

What are the results of Reliance Industries in 2024?

According to financial statements, Reliance Industries gross profit is 2.5T, net profit is 196.41B, EPS is 25.52.