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HomeSHARE MARKETDon't Sell This Ambani Share; Anytime Share Will Double; 5500% Bumper Return

Don’t Sell This Ambani Share; Anytime Share Will Double; 5500% Bumper Return

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Reliance Industries Ltd (NSE: RELIANCE): Reliance Industries Limited, the company of the country’s veteran businessman Mukesh Ambani, has made investors rich. Those who invested in this stock have got tremendous returns. 

Reliance Industries Limited is the first listed Indian company to reach the market limit of Rs 20 lakh crore. The company added more than 10 million to its value within just five years.

Reliance Industries has also been included in the world’s top 50 highest-valued companies. There is a constant increase in share prices of Reliance Industries.

The shares from Reliance Industries Limited have created a record price of 2966.60 this Wednesday. On Friday, the final day of trading, Reliance shares closed at the price of Rs 2,925.00.

Investors Got Bumper Returns

Reliance Industries had achieved a cap of Rs 1 lakh crore in 2005. Currently, the value of the company has crossed Rs 20 lakh crore. 

In this transition from 1 lakh crore up to Rs 20 lakh crore, Reliance Industries has also offered a huge return on its investment. About 20 years ago, the price of one share of Reliance Industries was only around Rs 110. 

Today the share has reached near the level of Rs 3000. If we look at it this way, from February 2005 till now, the share price of Reliance Industries has increased by 2,600 percent. 

The share prices have increased almost 27 times. At the same time, since July 2002, the share has strengthened by about 5,500 percent i.e. 56 times, at that time one share of Reliance Industries was worth only Rs 53.

Those Who Invested Money Became Millionaires

The share price of Reliance Industries Limited in the year 1990 was Rs 11.74. If you had put up $10,000 into this stock at the time you would have received 851 shares from Reliance Industries.

Had you sold the shares in the present, after 34 years by 2024 value would have been 25.20 lakh. However, If you had purchased shares of Rs 1 lakh back then the value of those shares today would have been 2.52 crore.

About  Reliance Industries Ltd Company 

Reliance Industries Ltd. engages in the exploration and production of hydrocarbon refineries of petroleum, marketing and retail, petrochemicals, and telecommuting. 

The Refining segment is comprised of the manufacturing and marketing operations for petroleum products. 

The Petrochemicals segment is manufacturing and marketing processes of petrochemical products.

The company was established in 1966 by Dhirubhai Hirachand Ambani in the year 1966 and is located in Mumbai, India.

Fundamental Analysis of Reliance Industries Ltd

Market Cap₹ 19,76,358 Cr.
Current Price₹ 2,925
52-wk High₹ 2,969 
52-wk Low₹ 2,000
Stock P/E28.3
Book Value₹ 1,110
Dividend0.31 %
ROCE9.14 %
ROE8.94 %
Face Value₹ 10.0
P/B Value2.63
OPM18.0 %
EPS₹ 103
Debt₹ 3,16,697 Cr.
Debt to Equity0.42

Reliance Industries Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 2800₹ 3100
2025₹ 3160₹ 3400
2026₹ 3500₹ 3860
2027₹ 4000₹ 4612
2028₹ 5000₹ 5900
2029₹ 6300₹ 6700
2030₹ 7150₹ 8400
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Reliance Industries Ltd Shareholding Pattern

Promoters Holding
Dec 202250.49%
Mar 202350.41%
June 202350.39%
Sept 202350.27%
Dec 202350.30%
FII Holding
Dec 202223.48%
Mar 202322.49%
June 202322.55%
Sept 202322.60%
Dec 202322.13%
DII Holding
Dec 202215.26%
Mar 202316.06%
June 202316.13%
Sept 202315.99%
Dec 202316.59%
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Govt. Holding
Dec 20220.16%
Mar 20230.16%
June 20230.17%
Sept 20230.17%
Dec 20230.18%
Public Holding
Dec 202210.59%
Mar 202310.89%
June 202310.76%
Sept 202310.98%
Dec 202310.80%

Reliance Industries Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 568,337 Cr
2020₹ 596,679 Cr
2021₹ 466,307 Cr
2022₹ 698,672 Cr
2023₹ 877,365 Cr
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Last 5 Years’ Net Profit:

2019₹ 39,837 Cr
2020₹ 39,880 Cr
2021₹ 53,739 Cr
2022₹ 67,845 Cr
2023₹ 79,104 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.7
20200.65
20210.32
20220..34
20230.44

Last 10 Years’ Profit Growth:

10 Years:13%
5 Years:13%
3 Years:16%
Current Year:10%

Last 10 years’ Return on Equity (ROE):

10 Years:10%
5 Years:9%
3 Years:8%
Last Year:9%

Sales Growth Over 10 Years:

10 Years:8%
5 Years:18%
3 Years:14%
Current Year:1%

Conclusion

This article is a complete guide about Reliance Industries Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We provide timely updates about the stock market and financial products to help you make better investment choices. Do your research before any investment.

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