Reliance stock gains 1.6 percent as Q2 results approach
Published on 10/05/2026 at 21:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Reliance Industries (ISIN INE002A01018) stock closed at INR 1,186.40 on the NSE on October 5, 2026, up 1.60 percent from the prior close. The next company checkpoint is the Q2 FY27 result, with the trading window closed until 48 hours after the figures become public, according to Tickertape.
Q2 results set the next test
The NSE session gave Reliance a measurable lift, with the stock moving from INR 1,167.70 to INR 1,186.40 and reaching an intraday high of INR 1,193.00. The October 5 low was INR 1,171.20, creating a daily range of INR 21.80.
The upcoming quarter matters because the latest preview points to stronger refining conditions but uneven segment performance. Business Today reported on October 1, 2026, that Nuvama retained its Buy rating and INR 1,766 target while estimating consolidated EBITDA growth of 17 percent year over year. The same preview projected O2C EBITDA growth of 38 percent and a 1 percent decline in Retail EBITDA.
FY26 scale meets Q1 earnings drag
Reliance's FY26 results provide the financial base for the Q2 debate. In the annual investor presentation, Reliance Industries reported consolidated revenue of INR 11.75919 trillion, up 9.8 percent year over year, while EBITDA reached INR 2.07911 trillion and net profit rose 17.8 percent to INR 957.54 billion.
The most recent interim comparison is more mixed. For Q1 FY27, consolidated revenue reached INR 311,850 crore, up 25.41 percent year over year, while reported net profit fell 22.40 percent to INR 20,946 crore because of a high-base comparison, according to Sahi.
Consensus stays above the market
The analyst backdrop remains constructive but places a high bar on execution. Boerse Express listed a Buy consensus from four analyst houses on October 5, 2026, with a median 12-month target of INR 1,657.50 and a range of INR 1,490.00 to INR 1,710.00. The median target lies 39.7 percent above the October 5 NSE close.
That gap makes the Q2 result especially important for valuation support. Nuvama's estimate of INR 53,700 crore in consolidated EBITDA is a forecast, while the company must also manage the projected pressure on Retail and the expected 6 percent year-over-year decline in oil and gas EBITDA.
Reliance stock closes at INR 1,186.40
Reliance Industries stock closed at INR 1,186.40 on the NSE on October 5, 2026. The 52-week range was INR 1,160.80 to INR 1,611.80, and traded volume reached 14,251,054 shares.
Reliance Industries stock
- Company: Reliance Industries Limited
- ISIN: INE002A01018
- Ticker: RELIANCE
- Trading venue: NSE
- Price (as of October 5, 2026, 4:00 p.m. IST): INR 1,186.40 Closing price (October 5, 2026)
- Market capitalization: INR 16.1 trillion (as of October 5, 2026)
- 52-week range: INR 1,160.80-1,611.80 (as of October 5, 2026)
- Sector / Industry: Energy / Refineries and Marketing
