CosmicTaco

Reliance Industries Shares Surge Amid Strong Q4 Results

CosmicTaco · 2025-04-28T12:13:38.394795+05:30

- Reliance Industries shares rose 3.4% to a 5-month high after Q4 results exceeded expectations. - The company reported a 6% growth in consolidated profit, driven by retail and telecom sectors. - Analysts maintain optimistic outlook, with target prices ranging from ₹1,500 to ₹1,708. - Reliance's new energy initiatives and retail growth are key future growth drivers. - The company achieved a net worth of over ₹10 trillion, a first in India. Source: [Mint](https://www.livemint.com/market/stock-market-news/reliance-industries-shares-price-gains-over-3-as-brokerages-raise-target-price-post-q4-results-is-it-a-stock-to-buy-11745810398051.html), [The Economic Times](http://economictimes.indiatimes.com/markets/stocks/news/ril-shares-in-focus-after-q4-profit-beats-estimates-should-you-buy-sell-or-hold/articleshow/120682670.cms)

Reliance Industries shares rose 3.4% to a 5-month high after Q4 results exceeded expectations.
The company reported a 6% growth in consolidated profit, driven by retail and telecom sectors.
Analysts maintain optimistic outlook, with target prices ranging from ₹1,500 to ₹1,708.
Reliance's new energy initiatives and retail growth are key future growth drivers.
The company achieved a net worth of over ₹10 trillion, a first in India.

Source: Mint, The Economic Times