Today, we’re going on a journey to explore the estimated Reliance Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Reliance Share Price Target.
As an investor or a beginner interested in Reliance, it is essential to understand the potential of Reliance’s share price prediction. We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Reliance Share price target for 2023, 2025, 2030 to 2050.
Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.
Overview of Reliance
| Type | Conglomerate |
| Founded | 1958 |
| Founder | Dhirubhai Ambani |
| Headquarters | Mumbai, India |
| Services | Energy, petrochemicals natural gas, retail telecommunications mass media, and textiles |
| Country | India |
| Locations | Worldwide |
| Website | ril.com |
| Profile | Reliance_Industries |
Keep an eye on Reliance’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Reliance’s share price.
Fundamentals of Reliance
The fundamental analysis of Reliance Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), Dividend Yield, and other Details.
Reliance is a conglomerate company based in India, with interests in various sectors such as petrochemicals, refining, oil and gas exploration, retail, telecommunications, and media. The company was founded by Dhirubhai Ambani in 1958 and is currently led by his son Mukesh Ambani. Reliance is one of the largest companies in India by market capitalization and revenue.
RIL is the largest producer of polyester fiber and yarn in the world and is among the top 10 producers of petrochemicals globally. The company operates the world’s largest refining complex in Jamnagar, Gujarat, with a capacity of 1.24 million barrels per day.
In recent years, RIL has diversified into new areas such as e-commerce, digital payments, and online education. The company’s telecom arm, Reliance Jio, has disrupted the Indian telecom market with its low-cost data plans and has become the largest telecom operator in the country in terms of subscribers.
- Promoters: 50.41%
- Mutual Funds: 6.34%
- Foreign Institutions: 22.42%
- Retail And Others: 11.98%
- Other Domestic Institutions: 8.85%
| Name | Market Cap. (Rs. cr.) |
| Reliance | 1,884,290.24 |
| ONGC | 211,663.20 |
| Petronet LNG | 34,545.00 |
| Oil India | 27,744.51 |
| HOEC | 2,827.36 |
| Deep Ind | 1,328.00 |
| Jindal Drilling | 1,102.88 |
| Asian Energy | 543.13 |
| Selan Explore | 524.48 |
| Deep Energy Res | 392.80 |
| Aban Offshore | 235.80 |
| Nagarjuna Oil | 8.56 |
| ROML-RE | 5.17 |
| Dolphin Offshor | 1.20 |
Brokerage Firms
An effective method for evaluating the Reliance share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 10 JUL 2023 | BOB Capital Markets Ltd. | 3075.00 |
Buy
|
| 17 MAY 2023 | Geojit BNP Paribas | 2747.00 |
Buy
|
| 24 APR 2023 | HDFC Securities | 2637.00 |
Accu.
|
| 24 APR 2023 | ICICI Direct | 2850.00 |
Buy
|
| 24 APR 2023 | BOB Capital Markets Ltd. | 2800.00 |
Buy
|
| 24 APR 2023 | Prabhudas Lilladhar | 2822.00 |
Buy
|
| 24 APR 2023 | ICICI Securities Limited | 2650.00 | Accum. |
| 23 APR 2023 | Motilal Oswal | 2800.00 |
Buy
|
| 18 APR 2023 | BOB Capital Markets Ltd. | 2810.00 |
Buy
|
| 15 APR 2023 | BP Wealth | 2716.00 |
Buy
|
| 24 JAN 2023 | BOB Capital Markets Ltd. | 2840.00 |
Buy
|
| 23 JAN 2023 | HDFC Securities | 2735.00 |
Accu.
|
| 23 JAN 2023 | ICICI Securities Limited | 2802.00 |
Accum.
|
Our Recommendation
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We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Reliance price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
Our research indicates that Reliance Industries has been performing well in recent years, with a strong focus on expanding its consumer and new energy businesses. The company has also been investing heavily in digital technologies, such as Jio Platforms and JioMart, which have shown promising growth potential. Additionally, Reliance Retail’s exit offer has not reflected the full value of the retail business, which could be a potential catalyst for future growth.
Based on our analysis, we believe that the minimum target for the Reliance share price in 2023 is ₹3200. This is based on the company’s strong financials, with projected revenue growth of 15% in FY24E and 12% in FY25E. We also expect the company’s EBITDA margin to improve from 16.5% in FY23P to 18.5% in FY25E, driven by higher margins in the consumer and new energy businesses.
On the other hand, our maximum target for the Reliance share price in 2023 is ₹3600. This is based on the company’s potential for further growth in its consumer and new energy businesses, as well as its strong balance sheet and cash reserves. We also expect the company to benefit from the government’s push towards renewable energy, which could provide a boost to its new energy business.
In 2024, we expect the Reliance share price to continue its upward trajectory, with a minimum target of ₹3600 and a maximum target of ₹4000. This is based on the company’s strong financials, with projected revenue growth of 10% in FY26E and 8% in FY27E. We also expect the company’s EBITDA margin to improve from 18.5% in FY25E to 20% in FY27E, driven by higher margins in the consumer and new energy businesses.
In 2025, we expect the Reliance share price to continue its growth, with a minimum target of ₹4000 and a maximum target of ₹4500. This is based on the company’s strong financials, with projected revenue growth of 8% in FY28E and 6% in FY29E. We also expect the company’s EBITDA margin to improve from 20% in FY27E to 22% in FY29E, driven by higher margins in the consumer and new energy businesses.
In 2027, we expect the Reliance share price to continue its growth, with a minimum target of ₹5000 and a maximum target of ₹5500. This is based on the company’s strong financials, with projected revenue growth of 5% in FY32E and 4% in FY33E. We also expect the company’s EBITDA margin to improve from 24% in FY31E to 26% in FY33E, driven by higher margins in the consumer and new energy businesses.
Looking further ahead to 2030, we expect the Reliance share price to continue its growth, with a minimum target of ₹7000 and a maximum target of ₹8000. This is based on the company’s strong financials, with projected revenue growth of 3% in FY36E and 2% in FY37E. We also expect the company’s EBITDA margin to improve from 28% in FY35E to 30% in FY37E, driven by higher margins in the consumer and new energy businesses.
Looking even further ahead to 2050, we expect the Reliance share price to continue its growth, with a minimum target of ₹20000 and a maximum target of ₹25000. This is based on the company’s strong financials, with projected revenue growth of 1% in FY56E and 0.5% in FY57E. We also expect the company’s EBITDA margin to improve from 36% in FY55E to 38% in FY57E, driven by higher margins in the consumer and new energy businesses.
| Years | Minimum Target | Maximum Target |
|---|---|---|
| 2023 | ₹3200 | ₹3600 |
| 2024 | ₹3600 | ₹4000 |
| 2025 | ₹4000 | ₹4500 |
| 2026 | ₹4500 | ₹5000 |
| 2027 | ₹5000 | ₹5500 |
| 2030 | ₹7000 | ₹8000 |
| 2040 | ₹12000 | ₹15000 |
| 2050 | ₹20000 | ₹25000 |
Based on our analysis, the maximum share price target for Reliance in 2023 could be ₹3600.
Based on our analysis, the maximum share price target for Reliance in 2025 could be ₹4500.
Based on our analysis, the maximum share price target for Reliance in 2030 could be ₹8000.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– That these Share Price Targets for “Reliance Share Price Target” is only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold Reliance stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
