On January 28, 2026, Reliance Industries Ltd shares rose 1.3% to ₹1,399.50 on the NSE by 12:41 PM IST, gaining ₹19 from the previous close of ₹1,380.50. The uptick reflects positive investor sentiment following strong Q3 results earlier this month, with revenue up 10% year-on-year.
Reliance Industries Ltd (RELI.NS) saw its shares climb 1.3% in midday trading on January 28, 2026, reaching ₹1,399.50 at 12:41 PM IST on the National Stock Exchange. The stock gained ₹19 from its previous close of ₹1,380.50, signaling renewed investor confidence in India’s largest conglomerate.
Key highlights:
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The rise comes after Reliance’s Q3 FY26 results, announced on January 16, 2026, which showed consolidated revenue up 10.5% year-on-year to ₹2.69 trillion, and net profit rising 1.6% to ₹22,290 crore.
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Strong performance in Jio Platforms (11% profit growth) and O2C (oil-to-chemicals) EBITDA up 14% contributed to the positive outlook.
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Analysts suggest the stock’s momentum reflects optimism around Reliance’s diversified portfolio spanning energy, telecom, retail, and digital services.
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Trading volumes remain healthy, with Reliance continuing to be a top Nifty50 performer in a volatile market.
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The company’s ongoing investments in green energy and digital infrastructure are seen as long-term growth drivers.
Reliance’s steady share price appreciation underscores investor confidence in its ability to balance traditional energy operations with new-age businesses, positioning it as a resilient player in India’s evolving economy.
Sources: NSE Live Data, Reuters, Mint, Economic Times