If you are looking for “ Reliance Industries share price targets” for upcoming years, you are in the right place. Before we dive into Reliance Industries Ltd. stock price targets, Let’s understand the Reliance Industries company background, technical fundamentals etc.
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About Reliance Industries Ltd.
Reliance Industries Limited (RIL) is an Indian multinational conglomerate holding company headquartered in Mumbai, Maharashtra. It operates in various sectors, including petrochemicals, refining, oil and gas exploration, telecommunications, and retail.
Fundamentals of Reliance Industries Ltd.
Let’s look at the fundamentals of Reliance Industries, based on which we can get a clear understanding of the expertise in the Refineries sector.
- Current Market Cap: The current market cap of Reliance Industries as of 2/13/2023, is ₹ 15,80,773.01
- P/E Ratio: The current price-to-earning ratio of Reliance Industries is 38.11
- Sales Growth: Sales growth in last 1 year for Reliance Industries is 49.91 %
- Profit Growth: Profit growth is around 26.95 % in last 1 year
We have done a complete analysis of Reliance Industries and have come up with its share price targets for upcoming years.
Reliance Industries Current Share Price is ₹2,336
Note: These price targets of “Reliance Industries” are only for reference purposes. 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.
| Year | Reliance Industries Share Price Targets (₹) |
|---|---|
2023 | 2646 |
2024 | 2801 |
2025 | 2956 |
2026 | 3111 |
2027 | 3266 |
2028 | 3421 |
2029 | 3576 |
2030 | 3731 |
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of Reliance Industries for the year 2023 will be ₹2646
The target share price of Reliance Industries for the year 2024 will be ₹2801
The target share price of Reliance Industries for the year 2025 will be ₹2956
The target price of Reliance Industries for the year 2026 will be ₹3111
The target share price of Reliance Industries for the years 2027, 2028, 2029, and 2030 will be ₹3266, ₹3421, ₹3576, and ₹3731 respectively.
