Reliance Industries Ltd (RIL) started with a bang as its shares soared to an all-time high. However, the fall of RIL’s share prices also led to the downturn in the overall market. After hitting a record high Rs 1,611.20 on Tuesday, the stock of the Mukesh Ambani-led company went down by 6% to close the early trading session at Rs 1,518.30, as the investors took the opportunity to cash in on the profits.

Market Performance Overview

RIL’s market capitalization stands at Rs 20.61 lakh crore, reflecting its status as a market heavyweight. The stock has received a considerable boost of 25% over the past year, together with an 11% increase in the last quarter. Moreover, the firm reported its highest returns since 2020 with 29% increase in 2025, surpassing gains in 2021 (19%), 2022 (7.54%), 2023 (1.57%), and also having a recovery from the prior year’s 6% fall.

Expert Commentary and Support Levels

Analyst Jigar S Patel from Anand Rathi stated that in the short term RIL would have support at Rs 1,500 and resistance at Rs 1,555. He remarked that a strong upward movement beyond Rs 1,555 could lead the stock to the level of Rs 1,600, and the anticipated trading range in the near future would be Rs 1,500–1,600.

Brokerage Price Targets

Motilal Oswal maintains a price target of Rs 1,765, citing RIL’s long-term edge in battery manufacturing and new energy driven by its scale, technological capabilities, and integrated ecosystem.

Meanwhile, Swiss bank UBS has a ‘Buy’ rating on RIL, with a target price of Rs 1,820 per share, highlighting the company’s strategic position in new energy and complex technological projects.

Investors will closely watch RIL’s performance in the coming sessions, as profit booking continues after the record surge.