Reliance Industries traded at 1,450.80 this Friday February 6th, increasing 7.40 or 0.51 percent since the previous trading session. Looking back, over the last four weeks, Reliance Industries gained 3.55 percent. Over the last 12 months, its price rose by 14.53 percent. Looking ahead, we forecast Reliance Industries to be priced at 1,369.17 by the end of this quarter and at 1,293.39 in one year, according to Trading Economics global macro models projections and analysts expectations.
Reliance Industries Limited is an India-based company, which operates in the Refining, Petrochemicals, Oil and Gas, Organised Retail, Digital Services and Financial Services segments. The Refining segment includes production and marketing operations of the petroleum products. The Petrochemicals segment includes production and marketing operations of petrochemical products. The Oil and Gas segment includes exploration, development and production of crude oil and natural gas. The Organised Retail segment includes organized retail business in India. The Digital Services segment includes provision of a range of digital services in India and investment in telecom infrastructure business. The Financial Services segment comprises of management and deployment of identified resources of the Company to various activities including non-banking financial services and insurance broking. The Others segment includes textile, special economic zone (SEZ) development and media.