Reliance stock dips 0.07 percent as Jio and fuel news weigh

Published on 09/22/2026 at 14:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Reliance stock traded at INR 1,246.50 on September 22, 2026, down 0.07 percent from the prior close. FY26 revenue rose 9.8 percent.

Reliance, INE002A01018, Illustration mit AI erstellt.

Reliance Industries Limited (INE002A01018) traded at INR 1,246.50 on the NSE at 9:22 a.m. on September 22, 2026, down 0.07 percent from the prior close of INR 1,247.40. The early move followed company-specific developments involving Jio-bp diesel curbs and T-Mobile 5G roaming, according to LatestLY on September 22, 2026.

Early trading stays narrow

The stock opened at INR 1,247.60 and reached an intraday high of INR 1,251.90 before touching INR 1,246.00. Volume stood at 407,729 shares at the quoted time, giving the price action a limited early-session range rather than a decisive breakout.

Reliance stock had declined 21 percent in 2026 through the market context reported on September 22, 2026, while the decline had reduced market value by about INR 4 lakh crore, according to LatestLY. That comparison places the small intraday decline against a substantially weaker year-to-date performance.

FY26 figures set the backdrop

For fiscal year 2025-26, Reliance reported gross revenue of INR 1,175,919 crore, up 9.8 percent year over year. Net profit and the share of profit from associates and joint ventures rose 17.8 percent to INR 95,754 crore, while consolidated EBITDA increased 13.4 percent to INR 207,911 crore, according to Goodreturns on September 21, 2026.

The operating comparison is important because the business delivered double-digit EBITDA growth even as the share price remained under pressure during 2026. The current market debate therefore combines a 9.8 percent revenue increase and a 13.4 percent EBITDA increase with the stock's 21 percent year-to-date decline.

Reliance stock remains below recent levels

At the September 22, 2026 quotation, the stock was below the prior close and had not recovered the year's reported 21 percent decline. The market capitalization data shown in the same-day live market coverage reached INR 1,683,718.47 crore, while reported earnings per share stood at INR 55.22 and the price-to-earnings ratio at 22.51, according to Economic Times on September 22, 2026.

Price holds at INR 1,246.50

Reliance stock stood at INR 1,246.50 on the NSE as of 9:22 a.m. on September 22, 2026, with a daily change of minus 0.07 percent from INR 1,247.40. The next market signal is whether trading volume expands beyond the early 407,729 shares while the stock remains close to the INR 1,246.00 intraday low.