So, you're looking at the today price of reliance industries share and wondering why the screen is showing a bit of red. Honestly, it’s a classic Dalal Street story. Reliance Industries (RIL) dropped its Q3 FY26 results on Friday, January 16, and as often happens with this heavyweight, the market is throwing a bit of a tantrum because the numbers weren't "perfect."
As of today, Sunday, January 18, 2026, the markets are closed, but the last traded price on the NSE stands at ₹1,457.90.
It’s been a choppy few days. Just look at the volatility: the stock hit an intraday high of ₹1,480.00 on Friday before bears dragged it down to close nearly flat, losing about 0.07%. If you’re checking the London Stock Exchange, the GDR (Global Depository Receipt) already slipped about 2% to $64.40.
Basically, the international crowd isn't thrilled. But is it actually bad news? Not necessarily.
The Q3 Numbers: A Mixed Bag of Billions
Mukesh Ambani’s conglomerate isn't just one company; it’s a small country's worth of businesses. This quarter, the consolidated net profit grew by about 1.6% year-on-year, landing at ₹22,290 crore. Revenue was up a solid 10%, crossing the ₹2.93 lakh crore mark.
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But here’s the kicker: even though profit rose, it missed what some big-name analysts were expecting. LSEG analysts were eyeing closer to ₹19,644 crore for the attributable profit. When you miss the "whisper number" on the street, the stock usually takes a hit.
What’s Actually Moving the Needle?
The Oil-to-Chemicals (O2C) segment—the old-school cash cow—actually did some heavy lifting this time. EBITDA for O2C jumped 14.6% to ₹16,507 crore.
Then you have Jio.
Jio is essentially a tech giant masquerading as a telco now. Their EBITDA grew over 16% because they’ve managed to push the Average Revenue Per User (ARPU) up to ₹213.7. You’ve probably noticed they’re leaning hard into AI, even offering "Jio-Gemini" bundles now.
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- Jio’s 5G Dominance: Over 250 million 5G users.
- Retail Expansion: They opened 431 new stores this quarter alone.
- The Margin Squeeze: Retail margins were a bit thin, which spooked a few conservative investors.
Why Most People Get the Today Price of Reliance Industries Share Wrong
Usually, people see a 1% or 2% dip and think the "Reliance era" is cooling off. That's rarely the case. RIL is currently in a massive capex cycle—spending roughly ₹33,826 crore this quarter on things like New Energy and 5G infrastructure.
When a company spends that much, the bottom line looks a bit suppressed.
The today price of reliance industries share reflects a "wait and watch" mood. Some traders are worried about the "Sell Signal" from the weekly MACD crossover that appeared on January 16. Historically, after this signal, the stock has seen an average decline of about 4.7% over the following seven weeks.
However, long-term players like Goldman Sachs and Motilal Oswal aren't blinking. Goldman recently raised their target to ₹1,835, citing strength in refining.
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Technical Levels to Watch Tomorrow
Since tomorrow is Monday, January 19, the "Monday Morning Blues" might be real for RIL. Most experts, including Mahesh M. Ojha from Kantilal Chaganlal Securities, expect a gap-down or flat opening because of that London GDR slip.
- Support Level 1: ₹1,400 (Crucial psychological floor)
- Stop Loss Zone: ₹1,380
- Target 1: ₹1,508
- Target 2: ₹1,540
If the price drifts toward that ₹1,400 mark, it’s often seen as a "buy the dip" zone for those who missed the 52-week low of ₹1,114.85.
What Should You Actually Do?
The noise around the today price of reliance industries share can be deafening, but the fundamentals are still there. The O2C business is recovering, and the Retail arm is becoming a hyper-local delivery monster with 1.6 million daily orders.
If you're a short-term trader, the technical sell signal suggests caution. You might want to wait for the Monday morning dust to settle before jumping in. For the long-term folks? A 2% dip in a company that just made ₹22,000 crore in three months is usually just a discount.
Actionable Insights for Investors:
- Watch the opening 15 minutes on Monday morning; if it holds above ₹1,440, the GDR panic might be overblown.
- Monitor the ARPU growth in Jio; if it keeps climbing toward ₹220, the valuation will re-rate higher regardless of oil prices.
- Check for any announcements regarding the Retail or Jio IPOs—that's the real "moonshot" trigger everyone is waiting for in 2026.
Keep your stop losses tight and don't let the intraday swings rattle your long-term thesis. Reliance is a marathon, not a sprint.