Reliance Industries (Large Cap - High Growth) Share Target 2024, 2025 To 2039
Reliance Industries Limited |
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Price: ₹1,205.30 | |||
52 Week Low: ₹1,201.50 52 Week High: ₹1,608.80 |
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Market Capital: 20,03,106.89 Crore (Largecap) | |||
Energy -> Oil & Gas Refining & Marketing |
Show Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Reliance Industries Share Price Target For 2024
- 1.1.1: Reliance Industries Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Reliance Industries Share Price Target For 2025
- 1.2.1: Reliance Industries Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Reliance Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Reliance Industries Brief Company Overview
- 4: Reliance Industries Financial Performance
- 4.0.1: Is Reliance Industries A Good Buy For Long Term?
To predict the Reliance Industries's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Reliance Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Reliance Industries with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Reliance Industries shares in 2024, see the table below.
Reliance Industries Share Price Target Table For 2024
Level | Value | Analysis |
---|---|---|
2024 Target 3 | 1259.95 (+4.53%) | Price Action: 18 Dec 2024 High |
2024 Target 2 | 1242.8 (+3.11%) | Price Action: 17 Dec 2024 Low |
2024 Target 1 | 1229.0 (+1.96%) | Price Action: 19 Dec 2024 Low |
Current Price | 1205.30 | Reliance Industries's share price as of 20 Dec 2024 |
Stop Loss 1 | 1196.91 (-0.70%) | Price Action: Sep 2022 High |
Stop Loss 2 | 1183.44 (-1.82%) | Price Action: Aug 2023 Low |
Stop Loss 3 | 1165.93 (-3.27%) | Price Action: Sep 2021 High |
Short-Term Technical Outlook
Current Technical Position: Reliance Industries is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹1274.75 serves as the nearest technical reference point.
Historical Returns: 3-month: -18.37% | 6-month: -22.48% | 1-year: -6.11%
Reliance Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Reliance Industries with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Reliance Industries shares in 2025, see the table below.
Reliance Industries Share Price Target Table For 2025
Level | Value | Analysis |
---|---|---|
2025 Target 3 | 1519.48 (+26.06%) | Price Action: Chart |
2025 Target 2 | 1491.15 (+23.71%) | Price Action: Chart |
2025 Target 1 | 1476.39 (+22.49%) | Fibonacci Extension Level 64.90% |
Current Price | 1205.30 | Reliance Industries's share price as of 20 Dec 2024 |
Stop Loss 1 | 1138.78 (-5.52%) | Price Action: Nov 2022 Low |
Stop Loss 2 | 1121.4 (-6.97%) | Price Action: Feb 2023 High |
Stop Loss 3 | 1109.22 (-7.98%) | Price Action: Jun 2022 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Reliance Industries is currently trading near its 52-week low of ₹1201.5, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -6.11% | 3-year: +12.19% | 5-year: +79.10%
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Approach 2: Machine Learning By Studying Historical Prices
Reliance Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
Year | Target 1 | Target 1 YoY Chg % | Target 2 |
---|---|---|---|
Current Price | ₹1,205.30 | ||
2024 | ₹1,720.37 | +42.73% | ₹1,845.34 |
2025 | ₹866.64 | -49.62% | ₹961.98 |
2026 | ₹2,765.94 | +219.16% | ₹2,976.91 |
2027 | ₹2,902.60 | +4.94% | ₹2,946.14 |
2028 | ₹2,767.33 | -4.66% | ₹2,808.84 |
2029 | ₹2,622.97 | -5.22% | ₹2,871.91 |
2030 | ₹2,682.45 | +2.27% | ₹2,819.42 |
2031 | ₹2,569.90 | -4.20% | ₹2,766.92 |
2032 | ₹2,693.93 | +4.83% | ₹2,734.34 |
2033 | ₹2,565.48 | -4.77% | ₹2,603.96 |
2034 | ₹2,428.81 | -5.33% | ₹2,661.92 |
2035 | ₹2,480.90 | +2.14% | ₹2,609.42 |
2036 | ₹2,373.87 | -4.31% | ₹2,556.92 |
2037 | ₹2,485.25 | +4.69% | ₹2,522.53 |
2038 | ₹2,363.62 | -4.89% | ₹2,399.07 |
2039 | ₹2,451.93 | +3.74% | ₹2,488.71 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Reliance Industries Brief Company Overview
Reliance Industries Limited: A Giant in the Global Industry Established in 1973, Reliance Industries Limited has emerged as a towering figure in the global business landscape. With a presence spanning across various sectors, the company has solidified its reputation as a...
leading multinational conglomerate. At the heart of Reliance's operations lies its hydrocarbon exploration and production, oil and chemicals divisions. The company produces and markets a wide range of petroleum products and petrochemicals, catering to industries worldwide. Its diverse product portfolio includes liquefied petroleum gas, polyethylene, polypropylene, and much more. Beyond its hydrocarbon business, Reliance has expanded into textiles, retail, digital services, and financial services. The company operates a vast network of retail stores, offering a comprehensive range of products, from apparel to consumer electronics. Its digital services, branded under Jio, provide a suite of offerings, including broadband, mobile connectivity, and entertainment platforms. Reliance's unwavering commitment to innovation and growth has propelled it to the forefront of the industry. The company continues to invest heavily in research and development, driving progress in various fields.Reliance Industries Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 20,03,106.89 Crore | Market valuation of Reliance Industries's shares. |
Revenue (TTM) | 9,01,064 Crore | Total revenue generated by Reliance Industries over the past twelve months. |
Net Income (TTM) | +696,210,030,592.00 | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | +12.23% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | +7.72% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) |
+11.10% | Change in revenue compared to the previous quarter. |
Earnings Growth (YOY Quarterly) |
-1.80% | Change in earnings compared to the same quarter last year. |
Debt-to-Equity (D/E) Ratio |
37.38 | Company's total debt divided by total shareholder equity. |
Total Debt | 3,46,141.98 Crore | Sum of Reliance Industries's current & long-term financial obligations. |
Total Cash | 2,03,394.99 Crore | Total amount of liquid funds available to Reliance Industries. |
Beta | 0.59 | Beta is less than 1 indicating that the Reliance Industries's price is less volatile than the market. |
Is Reliance Industries A Good Buy For Long Term?
Reliance Industries' strong revenue generation and profitability indicate its financial stability. While it has a significant debt of 3,46,141.98 Crore, its healthy cash balance of 2,03,394.99 Crore provides some cushion. The company's past performance shows consistent returns over multiple time frames. Considering these factors, Reliance Industries appears to be a good buy for long-term investment, offering potential for steady growth and returns.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.