Archive · 2 Jan 2026
RIL Stock: 2026 Re-Rating and Earnings Upgrades Expected
Reliance Industries Ltd (RIL), led by Mukesh Ambani, is expected to see its stock value go up in 2026.
A company called Morgan Stanley thinks this will happen because RIL is doing well in all its businesses, like Jio (which is adding more users and might raise prices) and its retail stores (which are growing and making more money).
The oil and chemicals part of the business is also doing better.
Additionally, there might be a big event where Jio Platforms sells some of its shares to the public, which usually makes the stock more attractive.
Morgan Stanley believes that, just like in the past, RIL's stock will keep growing in 2026 because of these positive changes.
Right now, RIL's stock is near its highest price ever, and the company is worth a lot of money.
In the past few years, the stock has gone up a lot in value.
Morgan Stanley expects RIL stock to undergo re-rating and earnings upgrades through 2026, maintaining an 'Overweight' rating and a price target of Rs 1,847.
RIL stock has gained 28% in a year, driven by strong earnings across Jio, retail, and O2C segments.
Anticipated IPO for Jio Platforms in 2025 boosted sentiment for RIL stock.
RIL is in its fourth monetisation cycle with $80 billion in investments, anticipating significant growth in 2026.
RIL shares rose nearly 1% to Rs 1,588.40, with a market cap of Rs 21.50 lakh crore.
- Who
- Reliance Industries Ltd (RIL) and Morgan Stanley
- What
- Expected re-rating and earnings upgrades for RIL stock in 2026
- When
- 2026
- Where
- India
- Why
- Strong earnings across all major segments, anticipated IPO for Jio Platforms, and significant growth supported by key quarterly catalysts
- Company
- Reliance Industries Ltd (RIL)
- Brokerage
- Morgan Stanley
- Rating
- Overweight
- Price Target
- Rs 1,847
- Current Stock Price
- Rs 1,588.40
- Market Cap
- Rs 21.50 lakh crore
- 3-Year Stock Gain
- 33%
- 5-Year Stock Gain
- 73.56%