Archive · 7 Jan 2026
RIL Shares Drop 6% from Record High
Reliance Industries, a big company in India, saw its shares drop by 6% after reaching a record high.
The shares went from Rs 1611.20 to Rs 1518.30.
This happened because people who bought the shares decided to sell them to make a profit.
The company's total value is Rs 20.61 lakh crore.
The shares have gone up by 25% in the last year and 11% in the last three months.
Experts think the shares could go up to Rs 1600 if they go above Rs 1555, but they might go down to Rs 1500.
Two different groups think the shares could be worth Rs 1765 and Rs 1820 in the future.
RIL shares dropped 6% from record high of Rs 1611.20 to Rs 1518.30.
Market cap of RIL stands at Rs 20.61 lakh crore.
RIL shares have gained 25% in a year and 11% in three months.
RIL stock logged 29% returns in 2025, the best since 2020.
Analysts predict support at Rs 1500 and resistance at Rs 1555.
- Who
- Reliance Industries Ltd (RIL)
- What
- Shares dropped 6% from record high
- When
- After hitting record high on Tuesday
- Where
- Indian stock market
- Why
- Investors booked profits
Analysts
Investors
Future Stock Performance
Analysts
Analysts predict support at Rs 1500 and resistance at Rs 1555. Motilal Oswal and UBS have set target prices of Rs 1765 and Rs 1820 respectively.
Investors
Investors booked profits, leading to a 6% drop in share price.
- Current Share Price
- Rs 1518.30
- Record High
- Rs 1611.20
- Market Cap
- Rs 20.61 lakh crore
- Yearly Gain
- 25%
- Three-Month Gain
- 11%
- 2025 Returns
- 29%
- Support Level
- Rs 1500
- Resistance Level
- Rs 1555
- Motilal Oswal Target
- Rs 1765
- UBS Target
- Rs 1820
Sources
RIL shares slip 6% from record high, what's next?
RIL shares slide 4.5% on retail competition fears
Reliance Share Price Crashes By Almost 6% Due To Venezuela Crisis
RIL shares take a big knock, mcap erodes by Rs 94,389 crore
