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Rubio meets Mukesh Ambani at Jamnagar; talks span energy security, data centres, US collaboration

Reliance Industries secured new business.

· Business Today Mkts

Reliance said the two US officials were given a first-hand look at the scale, advanced technology and integrated operations of its refining facilities.

Against that, the stock is -0.2% on the day at ₹1,164.90, and has returned -9.9% over three months. It sits 27% below its 52-week high, which means a good deal of bad news was already in the price. The oil & energy sector has moved -5.7% over the same period, so Reliance Industries is running 4.2 points behind its peers.

For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.

  • In focus: Reliance Industries (RELIANCE), in Oil & Energy.
  • Over three months: Reliance Industries -9.9% against Oil & Energy -5.7% (4.2 points behind).
  • At least 25% below the 52-week high: Reliance Industries (27%).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Reliance IndustriesRELIANCE · Oil & Energy₹1,164.90-0.2%-1.9%-9.9%-26.8%1.0×—

Oil & Energy

1M -4.8% · 3M -5.7%

Reliance Industries

Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.

RELIANCEOil & Energy