Reliance (Credit: OpenAI)
Business News: Reliance began trading with strong momentum and continued gaining throughout the day. It opened at ₹1530 compared to its previous close of ₹1519 and rapidly climbed during market hours. The stock touched an intraday high of ₹1550.90 before closing at ₹1549.50, marking a 2.01 percent rise.
This sharp movement reflects growing investor trust in the company’s long-term prospects. Analysts noted that Reliance shares have gained over 26 percent this year. Market observers say momentum could continue if global signals stay positive.
The sudden surge was driven by a market update from UBS, one of the world’s leading financial institutions. The bank retained its buy rating on Reliance and issued a target price of ₹1820 per share. This is ₹270.50 higher than Thursday’s closing value. The revised forecast signals strong expected growth potential. Investors responded quickly to this global endorsement. UBS cited improved refining trends as the primary reason for their bullish outlook. The recommendation sparked renewed interest from traders.
Following Thursday’s trading session, Reliance’s market capitalisation surged to nearly ₹20.96 lakh crore. It is now extremely close to crossing the ₹21 lakh crore benchmark. This makes Reliance one of India’s most valuable listed companies. Year-on-year data shows a growth of more than 32 percent over the last two years. Experts say strong positioning across energy, retail and digital sectors helped drive valuation. Market analysts believe investor trust remains strong in long-term expansion plans. The company continues to dominate large-cap investments.
UBS highlighted improved performance in Reliance’s O2C (Oil to Chemical) segment. It predicted earnings could rise significantly over time. According to their analysis, EBITDA may grow from ₹29,500 crore in the first half of FY26 to ₹34,000 crore in the second half. By FY27, it could reach an estimated ₹64,800 crore. This suggests strong operational growth prospects. The report notes that refining demand and global economic recovery could boost revenue. UBS expects this trend to sustain future valuation gains.
Reliance shares have shown steady upward movement over the past two years. The company expanded its presence not only in energy but also in telecom, retail and digital services. Investors see it as a diversified growth platform. The stock has grown over 26 percent in 2025 alone. Analysts credit strategic planning under Mukesh Ambani’s leadership. The company’s ability to adapt to global trends adds to investor confidence. Recent infrastructure and business announcements have strengthened market expectations.
The UBS rating has encouraged fresh buying interest among domestic and foreign investors. Many consider Reliance a safer bet during market volatility due to its diversified business model. Experts suggest investment could rise further if performance holds. Retail traders are also showing increased confidence. However, financial advisors recommend tracking international market trends that affect energy demand. Long-term technical indicators remain favourable unless unforeseen disruptions occur.
Analysts believe that if growth projections hold and refining margins stay strong, Reliance shares may inch closer to UBS’s target price. Strategic expansion decisions and consistent earnings will be key. Market sentiment currently positions Reliance among top-performing large-cap stocks. Investors are cautiously optimistic. With foreign institutions showing continued confidence, the stock could maintain momentum. Traders will monitor further global developments and quarterly performance for clarity.
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