Reliance Industries is one of the largest companies in India, with business interests in areas such as petrochemicals, refining, oil and gas exploration, telecommunications, and retail. It is also one of the most valuable companies in India in terms of market capitalisation.
Reliance Industries has seen significant growth in its digital business, especially through its subsidiary Jio, which has become a major player in India's telecommunications market.
Reliance Industries is a large and diversified company with a significant presence in India's economy.
Reliance Industries stock has given a positive return of +67.79% over the past three years and a negative return of -12.61% over the past one year as of 25 April 2023.
Knowing whether Reliance Industries is an effective investment involves the fundamental analysis of Reliance Industries stock which involves evaluating the company's financial and operational performance to determine its intrinsic value. Additionally, certain factors go into deciding whether a stock is effective, like macroeconomic variables, market conditions and performance in the industry.