Post Q4 Results: Reliance Industries Share Price Surges, Target Prices Increased

Reliance Industries just shared its Q4 results. And guess what? The Reliance Industries share price jumped right after. Investors were quick to react.

Big numbers in the report caught everyone’s eye. Profits were strong. Business performance was better than expected. From telecom to retail, things looked good. We saw a sharp rise in Reliance’s share price. It didn’t stop there. Many experts raised their target prices, too.

Why does this matter to us? Because Reliance is one of India’s biggest companies. Its growth affects the whole market. Let’s break down what happened, why the stock surged, and what top analysts are saying next.

Q4 Financial Highlights

Reliance Industries reported strong numbers for the quarter ending March 2025. Revenue reached ₹2.88 lakh crore, up nearly 10% from last year. Net profit stood at ₹22,611 crore, marking a 6.4% increase year-over-year.

Reliance Industries Share Price — Upstox

Breaking it down:

Oil-to-Chemicals (O2C): This segment saw revenue growth of 11% year-over-year, totaling ₹6.27 lakh crore. However, EBITDA declined by 10% due to weaker fuel margins.
Digital Services (Jio): EBITDA rose by 18%, with Jio Platforms’ profit increasing by 25.7%. This growth was driven by higher tariffs and a 13.5% rise in average revenue per user.
Retail: EBITDA grew by 14%, supported by efficient operations and a better product mix.

Overall, the strong performance in digital and retail segments offset the challenges faced in the O2C business.

Following the Q4 results, Reliance Industries’ share price surged over 5% on April 28, 2025, closing at ₹1,336.30 on the NSE. This marked its biggest single-day gain since June 2024.

The stock’s rally contributed to the Nifty 50 index rising by 0.9% to 24,255.55, and the BSE Sensex climbing 0.98% to 79,989.97. Investors were happy because the company did well. Its consumer businesses showed strong results. This made people trust its plan to grow in many areas.

Analyst Views and Revised Target Prices

Analysts responded positively to Reliance’s Q4 performance. Thirteen out of 32 analysts raised their price targets, while eleven upgraded their ratings.

For example, Motilal Oswal kept a ‘Buy’ rating. They raised the target price to ₹1,515 from ₹1,510. They liked the steady growth in the retail business.

Nuvama raised its FY26/27 EBITDA forecast by 3%. They saw strong results across all parts of the company. They also added new energy earnings and set a target price of ₹1,708.

Analysts are optimistic due to improved EBITDA margins and the company’s diversified business model, which includes significant contributions from telecom, retail, and emerging green energy ventures.

Segmental Growth Drivers

Jio Platforms: Profit went up by 25.7%. This happened because of higher call and data prices. Also, average revenue per user rose by 13.5%.
Retail: Profit (EBITDA) grew by 14%. This came from better planning and smart product choices.
Oil-to-Chemicals (O2C): Revenue grew 11% from last year. But profit dropped 10% because fuel margins were weaker.
Green Energy and New Ventures: Reliance is building a big solar factory in Jamnagar. It has started a gigawatt-scale solar module line as part of its 10 GW plan.

Challenges and Risks

Despite strong performance, Reliance faces several challenges:

Ongoing rules in telecom and retail could affect how the company operates.
Changes in oil prices could impact profits in the O2C business.
Big investments in new projects might put pressure on the company’s finances.
Strong competition in telecom and retail could lower profit margins.

Expert Opinions & Long-term Outlook

Analysts believe Reliance is poised for significant growth:

The company’s focus on consumer-facing businesses and green energy initiatives is expected to drive future profitability.
Potential value unlocking through Jio Platforms could further boost RIL’s stock.
Reliance wants to be one of the top 30 most valuable companies in the world. To do this, it needs to reach a market cap like ASML’s, which is $366 billion.

Wrap Up

Reliance Industries’ Q4 results highlight strong performance, especially in digital and retail. The positive market reaction and higher analyst target prices show confidence in its growth strategy. Despite challenges, Reliance’s focus on green energy puts it on track for long-term success. Investors may find Reliance a strong choice for continued growth.

Frequently Asked Questions (FAQs)

What is Reliance’s share price target?

Analysts estimate Reliance Industries’ share price target around ₹1,546.20, with projections ranging between ₹1,500 and ₹1,606, indicating potential growth.

Why are Reliance shares increasing?

Reliance shares are rising because of strong Q4 profits. The telecom and retail sectors performed well, boosting investor confidence and leading to analyst upgrades.

What is the target price of Reliance shares in 2025?

For 2025, analysts have set Reliance Industries’ share price target between ₹1,500 and ₹1,720. These estimates show expectations for ongoing growth in the company.

Why is the Reliance Power share increasing?

Reliance Power’s share price is rising because of lower net losses, better operations, and a strong focus on renewable energy projects. This has boosted investor confidence in the company.

Disclaimer:
This content is for informational purposes only and not financial advice. Always conduct your research.