Reliance Industries Share Price Target for 2024, 2025, 2030, and 2040
RIL Share Price Target: This is a post about Reliance Industries share price target in the upcoming years. One of India’s most profitable businesses, Reliance Industries is also the country’s biggest publicly traded business in terms of market capitalization and by revenue. Continue reading if you intend to make an investment in this stock.
To determine the true net value of a firm before investing in stocks, comprehensive financial data analysis is necessary. This is generally done by examining the company’s profit and loss account, balance sheet, and cash flow statement. This post contains a forecast stock price for Reliance Industries as well as a detailed analysis of this stock. On the basis of this, you can make better investment decisions.
About Reliance Industries Ltd.
Reliance Industries Ltd., incorporated in 1973, is a Fortune 500 company and the largest private sector corporation in India, operating in the diversified sector. Reliance Industries Ltd.’s key products and revenue segments include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles.
| Company Name | Reliance Industries Ltd. |
| Industry | Conglomerate |
| Founded | 1958 |
| Country | India |
| Official Website | www.ril.com |
Key Metrics
| Market Cap (₹) | 15,93,384 Crore |
| Sectoral Market Cap Rank | 1 |
| PE Ratio (x) | 24.61 |
| Price to Book Ratio (x) | 2.01 |
| EPS – TTM (₹) | 77.32 |
| Dividend Yield (%) | 0.34 |
| Stock – 52 Week High & Low (₹) | 2,856.00 / 2,180.00 |
Highlights of the Reliance Industries share price forecast are shown in the table below.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2023 | – | ₹ 2,520 |
| 2024 | ₹ 2,500 | ₹ 2,950 |
| 2025 | ₹ 2,850 | ₹ 3,260 |
| 2026 | ₹ 3,250 | ₹ 3,700 |
| 2027 | ₹ 3,700 | ₹ 4,300 |
| 2028 | ₹ 4,280 | ₹ 4,920 |
| 2029 | ₹ 4,800 | ₹ 5,250 |
| 2030 | ₹ 5,200 | ₹ 5,770 |
| 2040 | ₹ 14,200 | ₹ 15,600 |
Important Note: These price targets of “Reliance Industries Limited ” are only for reference purpose only, short-term and long-term Reliance Industries stock price predictions may be different due to the different analysed time series. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
Reliance Industries Share Price Target for 2023
If we talk about the financial performance of the company, both consumer businesses, i.e., retail and digital services, registered the highest ever revenue and EBITDA. The E&P business also posted significantly better numbers, with strong volume growth and improved realizations. The O2C business, the largest contributor to the company’s earnings, also posted strong earnings with strong fuel margins. The performance is expected to improve further in the years to come. The stock is expected to reach ₹ 2,520 by the end of this year.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2023 | – | ₹ 2,520 |
Reliance Industries Share Price Target for 2024
Reliance’s diverse portfolio of business verticals represents its growth engines, where the company continues to add capabilities. Each of these growth engines kicked into high gear, cementing Reliance’s position as India’s largest company by sales, profit, and market value.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | ₹ 2,500 | ₹ 2,950 |
Reliance Industries Share Price Target for 2025
If we talk about the retail business of Reliance Industries, then Reliance Retail has shown steady growth. The business posted its highest ever revenue and EBITDA, with consistent improvement in profit margin. Reliance Industries has continuously expanded this business offline and through partnerships.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2025 | ₹ 2,850 | ₹ 3,260 |
Reliance Industries Share Price Target for 2026
Since its launch, Jio has maintained its leadership position in the market. With China excluded, Jio boasts the greatest subscriber base in a single nation and carries the most data traffic internationally. In the last two years, Jio has also emerged as the market leader in the broadband business. As we know, the telecom industry has a lot of opportunities, and Jio, with its market presence, has the potential to catch them.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | ₹ 3,250 | ₹ 3,700 |
Reliance Industries Share Price Target for 2027
Reliance Industries’ oil and chemicals businesses also performed well. It shows 3.5 times revenue growth compared to previous year. Refining margins were supported by a pickup in fuel demand. Throughout the year, Reliance kept capacity utilisation at a high level at all of its locations. Despite the use of electricity as an alternative to oil, the coming years can also see huge growth.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2027 | ₹ 3,700 | ₹ 4,300 |
Reliance Industries Share Price Target for 2028
The Media & Entertainment segment delivered strong growth in profitability, driven by strong operating performance. The consolidated EBITDA of the business grew by 35.7% year over year to 1,080 crore with a record EBITDA margin of 18.4% as compared to 16.9% in the previous year. The company also expanded into this segment by partnering with other companies.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2028 | ₹ 4,280 | ₹ 4,920 |
Reliance Industries Share Price Target for 2029
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2029 | ₹ 4,800 | ₹ 5,250 |
Reliance Industries Share Price Target for 2030
Reliance keeps growing its current companies into newer boundaries of innovation, technology, size, and execution. In order to give customers outstanding service today, Reliance Retail has the deepest grassroots-level pan-India supply chain capacity, the largest supplier base, and a network of kirana partners. Regarding the level of integration, Reliance’s O2C business is at the top of the world; this business model innovation is being copied all over the world.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2030 | ₹ 5,200 | ₹ 5,770 |
Reliance Industries Share Price Target for 2040
With a strong integrated energy business and the most expensive digital and retail footprint in the country, RIL is India’s largest corporate value creator and highest valued company. Growth in the company’s business segment is expected to accelerate in the future. because, firstly, it is well diversified across digital services, retail, and energy and materials businesses. Secondly, over the years, it has built an unparalleled level of agility into each of its business verticals. Thirdly, its global scale of operations helps in overcoming many hurdles. Last but not least, the company’s balance sheet has grown yet has very little debt.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2040 | ₹ 14,200 | ₹ 15,600 |
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Recommendations: Invest in Reliance Industries stock or sell it?
According to forecasted data of Reliance Industries Ltd implies that there will be a positive trend in the future and the shares might be good for investing for making money.
FAQ’s
What are the key metrics to analyze Reliance Industries Ltd.’s share price?
The company has a good dividend track report and has consistently declared dividends for the last 5 years. For the year ending March 2023 Reliance Industries has declared an equity dividend of 90.00% amounting to ₹ 9 per share. At the current share price of ₹ 2354.95 this results in a dividend yield of 0.38%.
