HighPositive
Announced Fri, 17 Jul · 18:53 IST
Reliance Industries promoters raise stake during Q1FY26. Check details
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Reliance Industries promoters raised their combined stake to 50.5% in the June quarter, up from 50% in the March quarter, marking the highest level since September 2019. The increase comes even as RIL shares are on track for their worst annual performance since 2011, signalling promoter confidence. Brokerages like Equirus and Systematix project a strong Q1FY26, with consolidated net sales expected to grow 27-35% year-on-year and net profit estimated to rise 13% YoY to around Rs 24,593 crore.