Reliance Industries stock was last at EUR 45.00 in Tradegate quote

Published on 09/30/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Reliance Industries pursued an INR 120.0 billion bond issue with a 7.9 percent coupon on September 30, 2026. Q1 FY27 revenue reached INR 3.09 trillion, up 5.20 percent QoQ.

Reliance, INE002A01018, Illustration mit AI erstellt.

Reliance Industries stock was last at EUR 45.00 in the Tradegate quote for September 23, 2026. The company is also pursuing an INR 120.0 billion, 10-year bond issue carrying a 7.9 percent coupon, according to LatestLY on September 30, 2026.

Bond financing sets the near term

The proposed borrowing gives Reliance another large funding channel as it finances a business portfolio spanning energy, telecommunications and retail. The 7.9 percent coupon is a concrete cost marker for the transaction, while the 10-year maturity points to long-term funding rather than a short-dated liquidity measure.

LatestLY reported that Jefferies reiterated a Buy rating and set a target of INR 1,710. The same report said average 12-month targets ranged from INR 1,676.85 to INR 1,723.80, although those Indian rupee targets are separate from the euro-denominated Tradegate quote.

Q1 revenue provides operating context

Reliance reported Q1 FY27 revenue of INR 3.09 trillion, up 5.20 percent from the previous quarter, while operating profit reached INR 324.17 billion, according to Stockfin. Net profit stood at INR 230.01 billion, compared with INR 306.81 billion in the year-earlier quarter, making the revenue increase less representative of the full earnings picture.

The company also received a SEBI observation letter for the Jio Platforms IPO draft prospectus on August 28, 2026, according to Stockfin. That milestone keeps a potential digital-business listing in the valuation discussion, while the bond issue puts capital allocation and financing costs in the immediate frame.

Stock tests its yearly floor

NSE data showed Reliance at INR 1,191.70 at 9:58 a.m. IST on September 30, 2026, up 0.82 percent from the prior close of INR 1,182.00. The session low of INR 1,181.70 was also the stock's 52-week low, while the 52-week high stood at INR 1,611.80, according to the NSE India page.

Reliance was last at EUR 45.00 on Tradegate on September 23, 2026. The NSE market capitalization was INR 16.1 trillion on September 30, 2026, and the stock is a NIFTY 50 constituent.