Reliance share price hits low after experiencing a sharp decline in recent sessions. The stock has dropped nearly 20-23% from its record high, raising concerns among investors. On February 12, 2025, the stock closed lower, reflecting ongoing market pressures.
Reliance Share Price Hits Low, Market Tumbles
Reliance Industries Ltd. (RIL) had reached a 52-week high of Rs 1,608.95 on July 8, 2024. However, the stock has since fallen significantly, with the market capitalization shrinking by over Rs 4.4 lakh crore. The 52-week low was recorded at Rs 1,155.83 in November 2023.
One of the key reasons for the decline is the underperformance of Reliance Retail. Sluggish demand, particularly in the fashion sector, has affected its growth. Increased competition from quick commerce firms has further impacted revenue and margins.
Reliance’s oil and gas business has also faced challenges. Weak refining margins and sluggish petrochemical performance have weighed on the stock. Falling oil prices have contributed to declining profitability in the energy segment.
Another concern among investors is the delay in the IPOs of Jio and Reliance Retail. The company’s Annual General Meeting in August 2024 failed to provide clarity on the timeline for these listings. This has reduced investor enthusiasm.
Increased capital expenditure in the retail and telecom segments has also played a role in the stock’s decline. With free cash flow generation remaining low, some analysts believe the financial pressure has added to the downturn.
Despite the current situation, analysts see a potential rebound. Technical indicators suggest that Reliance share price hits low levels where buying interest could return. The Relative Strength Index (RSI) indicates oversold conditions, suggesting a possible recovery.
Many analysts remain optimistic about the stock’s long-term prospects. They believe the current correction presents a buying opportunity for investors willing to hold for the long term. However, short-term volatility is likely to continue.
Reliance share price hits low amid multiple challenges, but market experts suggest patience. Investors will be closely watching for updates on Jio and Reliance Retail’s IPOs, oil price trends, and the company’s financial performance in the coming months.
