RIL Share Price Target 2026: Shares of Mukesh Ambani-owned Reliance Industries are in strong uptrend this year after a year of disappointment. The stock
of India's most valuable company had ended CY 2024 on a negative note -- first such instance in the last 10 years. Now in 2025, RIL shares could post the best yearly returns since 2020 and fourth best since 2015, according to data analysed by ET NOW.
RIL Share Price 2025 Performance
As per data, RIL shares in 2015 yielded a decent return of 13.63 per cent to its investors. In the subsequent year, RIL shares climbed nearly 7 per cent. The year 2017 saw RIL shares sprinting more than 70 per cent amid steady growth. 2017 was the year when Jio, which was launched for the public in 2016, shifted from free services to paid plans and also introduced the JioPhone.
Reliance Industries shares extended the stellar rally in 2018, 2019, 2020 and 2021, ending the years with gains of 21.71 per cent, 35.06 per cent, 32.33 per cent and 19.32 per cent, respectively. RIL closed 2022 and 2023 with positive returns of 7.6 per cent and 1.44 per cent, respectively.
In 2024, Reliance Industries yielded negative return for first time in 10 year despite the company issued bonus shares in the ratio of 1:1. The counter ended 2024 with a negative return of 6 per cent.
RIL Shares Up 25% in 2025
Now in 2025, Reliance Industries shares have shown a strong rebound, beating the markets significantly. On YTD basis, Reliance Industries share have climbed more than 25 versus 7.5 per cent rise in the BSE Sensex. In the past one month, RIL shares have rallied 3.3 per cent in comparison with 1.1 per cent rise in benchmark index.
According to Somil Mehta, Head of Alternate Research at Mirae Asset Sharekhan, Reliance Industries shares are showing resilience, standing apart from market trends. A strong rally in Reliance Industries has just begun. The stock is in uptrend despite a heightened volatility in the markets.
"Reliance Industries has taken support near its 200-day moving average and is forming higher highs and higher lows pattern which is a bullish pattern, on both monthly and weekly charts," the analyst told ET NOW Swadesh while responding to a query on Wednesday (Dec 10).
RIL Share Price Target 2026
"Overall, the trend looks positive for Reliance Industries. My believe is that RIL has strong support at Rs 1500 and the stock is likely to defend this level going forward. I am not expecting any major correction in RIL. In the medium term, my target price for Reliance Industries is Rs 1800," the analyst said, adding the he suggests buying on dips strategy to play RIL.
Market analyst Nimesh Thakkar said that the chart structure of Reliance Industries is strong and the way the stock has performed in the last few days, definitely there are more chances of outperformance going forward.
"We have already seen a huge correction in RIL from the higher levels and the counter has bounced from after taking support from 21-day exponential moving average. We have seen huge buying interest in RIL in the last few days. My view is that the current momentum in Reliance Industries could continue for now," he said.
RIL shares have formed a strong bas in the range of Rs 1520 to 1500. On the higher side, RIL shares are ready to move towards Rs 1600 and even more than that. "Risk to reward ratio in Reliance Industries is very favourable. My view on Reliance Industries is bullish and my recommendation is buy."
RIL shares on Thursday (Dec 11) closed 0.40 per cent higher at Rs 1,543.
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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
