Reliance share price target 2025

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We hope you are loving the blogs posted on this website. In today’s blog post we will learn about Reliance Industries, Reliance share price target 2025 to Reliance share price target 2030.

Reliance

Before proceeding further to learn about Reliance share price target 2025 to Reliance share price target 2030, we will learn about Reliance Industries and its brief history. Reliance Industries is a multinational conglomerate headquartered in Mumbai, Maharashtra. Reliance is into various businesses like energy, textiles, telecommunications, retail, petrochemicals, etc. Reliance Industries owns the largest refinery in the world. It is situated in Jamnagar, Gujarat, and was commissioned in the year 1999. It has a capacity of 1,240,000 barrels per day.

Reliance Group was established by Mr. Dhirubhai Ambani, son of a school teacher, in the year 1958. It is also said that he used to work at a petrol pump during his early days. He established an office in Masjid Bunder, Mumbai, and started his operations from humble beginnings. He single-handedly built Reliance Industries into an empire by constantly being on the lookout for new market opportunities and by diversifying into the various businesses when the time was right. He was the proof that with strong perseverance and belief, you can achieve anything in life. Reliance Industries employs more than 2.5lac people. Currently, Reliance Industries is headed by his son, Mr. Mukesh Ambani. To know more about Reliance Industries, you may click here.

Some of the well-known Reliance Industries companies are:

1. Reliance Petroleum & Refineries Ltd.
2. Reliance Retail Ltd.
3. Reliance Infratel Ltd.
4. Reliance Jio Infocomm Ltd.
5. Reliance Mediaworks Ltd.
6. Reliance Industrial Infrastructure.
7. Reliance Dahej manufacturing division.

Fundamentals of Reliance Industries

Before we move to Reliance share price target 2025, let us have a brief understanding of the fundamentals of Reliance industries. The company commands a market cap of more than Rs 15.69 lac crores and the current market price of Reliance shares is Rs 2320. The book value of the share price of Reliance is Rs 1110. The company has delivered an ROE and ROCE of 8.9% & 9.1% respectively. The 52-week high and low the share price of Reliance are Rs 2632 and Rs 2000 respectively. The company has delivered a low ROE of 8.2% over the last three years, which is a concern.

P&L	Mar-13	Mar-18	Mar-23
Sales (in cr)	433521	390823	876396
Net Profit (in cr)	20886	36080	74088
EPS	30.3	53.3	98.5
Dividend payout	13%	10%	9%

The revenue of Reliance Industries in the year 2023 is Rs 8.76 lac crores and the net profit stands at Rs 74 k crores. The net profit of the company has more than doubled in the last five years. The company has a healthy dividend payout of 9%. The EPS of Reliance Industries is 98.5. To learn more about the fundamentals of Reliance Industries, pls click here.

Technical Analysis – Reliance share price

Let us understand the technical charts of Reliance share price movement. We will begin with the monthly chart of Reliance.

We will decipher the charts from the marked points to understand them better.

Point 1 – This level is marked and can be considered as a reference point. The price of 569.9 in the month of May 2009 did not get breached till the year 2017. This means that the stock underperformed for eight long frustrating years for the investors. If you look at the bright side, it also gave an opportunity for the value investors to accumulate as many shares as possible in those eight years. The investor who might have sold off these shares might have missed the rally later on. Let us look at the rally now.

Point 2 – The breakout of the share price in the month of March 2017 was a watershed moment for investors and traders. It started its upward journey. The traders, who had been actively looking at the charts and had caught the same at the breakout level must be enjoying the returns. Also, the investors who had accumulated the shares and had held on to the same have also enjoyed handsome returns.

Reliance share price target 2025 to 2030

The share price of Reliance had consolidated for eight long agonizing years for the investors in the past. If you look closely at the charts, the price has been in consolidation again for the past two years. It is moving in the range of Rs 2632 & Rs 2200. Being patient is the need of the hour here too. Reliance share price target for the year 2030 is Rs 4120. This can be derived from the fact that the share price tripled within 4 years of the previous breakout of 8years. So this time, it might double from the levels of Rs 2000 within 1-2 years of the upcoming breakout, as and when it occurs.

Conclusion

The above blog post is only for educational purposes. It is in no way to be treated as an investment advice. Readers are advised to consult their financial advisors before proceeding to buy or sell their Reliance shares. We are not SEBI-registered analysts. This is just an informational post and not an advice to the readers. Readers who are interested to learn more, please check the links below:

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