RIL shares hit 52-week high: Know the latest updates from Indias biggest company
The RIL share has drawn the attention of investors and analysts alike with a rise of 1.2% in the last five trading sessions and by more than 3% in the past six months. The rise on Jan 1 followed Mukesh Ambani's recent presentation of an AI-led vision for he company.
Kolkata: Reliance Industries, or RIL, is India's most valuable company. The stock of RIL has jumped by 1.2% in the last five trading sessions and by more than 3% in the past six months. On a year-to-date basis, RIL shares have surged in excess of 29%. RIL has a market cap of Rs 21.35 lakh crore.
On the very first date of 2026, RIL shares jumped 1.4% reaching a 52-week high of Rs 1,592.50 and moving close to its all-time high of Rs 1,608.95, which was set on July 8, 2024. At 11:40 am, RIL shares were trading at Rs 1,577.40 per share on the NSE. The immediate trigger for the RIL shares seems to be Mukesh Ambani's presentation of a draft of the Reliance AI Manifesto on Dec 30. It presented a plan to transform the group into an AI-heavy deep-tech enterprise. Ambani said AI could lead to a 10-fold improvement in the productivity of over 6 lakh employees and a 10-fold impact on India's economy and society.
Reorganising operations
Reliance plans to reorganise operations around outcomes and end-to-end workflows. This will be supported by a common digital platform and robust governance. AI will be used to eliminate repetitive tasks, improve decision-making, and enhance quality and speed. Ambani had said. Small, cross-functional pods with single ownership and measurable goals will drive continuous improvement, the RIL supremo outlined in his vision.
Jio IPO Updates
Ambani said last year that Jio IPO will hit the market in the first half of this year and going by Ambani's penchant for size, it could well be the biggest in the country's history. Reports have indicated that by the time the IPO comes, Jio Platforms could be valued at $48 billion with strong cash flow and potential deleveraging being the twin triggers. Jio Platforms handles the group's digital business. While speaking at RIL's 48th annual general meeting in 2025, Ambani said that Jio would expand internationally and develop its own AI technology.
RIL's Q2 performance
The conglomerate posted 9.6% (y-o-y) jump in net profit in the July-September quarter. The rise was helped by strong performance in its retail and telecom businesses. However, higher inventory levels reportedly was a drag on the earnings, leading to a dip compared to the previous quarter. RIL's consolidated net profit stood at Rs 18,165 crore in Q2FY26 period which is higher than the Rs 16,563 crore figure posted in the same period a year ago. What should not be missed is that the profit figures dropped 33% compared to Rs 26,994 crore in the April-July quarter. There was a 13% rise in Q2 profit of Jio Platforms. In absolute terms it was at Rs 7,379 crore.
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