Reliance Industries Ltd (RIL) shares closed near Rs 1,236 on September 18, 2026, marking a new 52-week low. The stock continues a sustained downtrend and currently trades below all key moving averages. RIL has underperformed the Sensex with a -12.77% year-to-date return.
Recent financial results show an 8.3% decline in annual profits despite growth in net sales. Rising interest expenses and margin pressures contributed to the earnings drop. The company recorded its highest debt-to-equity ratio of the last half-year. Reliance Industries maintains its dominant position in the oil sector despite the recent price weakness.