Reliance Industries Adds $40B Market Cap, Outperforms Nifty50 in 2025

Reliance Industries Limited (RIL), under Mukesh Ambani's leadership, has reported a robust 6.0% revenue increase in the April-June quarter, driven by strong growth in digital services and retail, despite some declines in oil and gas segments. RIL's shares have surged 22% year-to-date in 2025, significantly outperforming the NSE Nifty50 index's 6% rise, adding $40 billion to its market capitalization and contributing nearly one-third of the Nifty50's total value gain. Analysts expect the company's net income for the first quarter of fiscal 2026 to increase by nearly 33%, supported by higher refining margins and growth in its telecommunications unit, Jio. Market sentiment remains positive, with most analysts recommending buying or holding the stock and an average price target indicating a potential 7% upside. Technical analysts suggest that if the stock price breaks above Rs 1,500, it could continue climbing towards Rs 1,600 or higher. This performance highlights RIL's operational resilience and sectoral dominance amidst global market volatility.