Reliance Industries share are down by -0.81%, Nifty down by -0.05%

Reliance Industries Share Price Today on : At 01 Oct 16:00 today, Reliance Industries shares are trading at price ₹2929.8, -0.81% down from the previous closing price. Sensex is trading at ₹84266.29, down by -0.04%. The stock has hit a high of ₹2978 and a low of ₹2926 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹2961.62, ₹2993.58, & ₹3011.27, whereas it has key support levels at ₹2911.97, ₹2894.28, & ₹2862.32.

From a fundamental analysis perspective, the company has a ROE of 9.23% .The current P/E of the stock is at 29.07 .

The median 1-year forecasted upside in this share is at 12.26% with a target price of ₹3289.00.

The company has a 50.33% promoter holding, 8.37% MF holding, & 21.59% FII holding as per filings in the june quarter.

The MF holding has decreased from 8.47% in march to 8.37% in the june quarter.

The FII holding has decreased from 21.90% in march to 21.59% in the june quarter.

Reliance Industries share price down -0.81% today to trade at ₹2929.8 while its peers are mixed. Its peers such as Oil & Natural Gas Corporation, Oil India are falling today, but its peers Hindustan Petroleum Corporation, Petronet LNG are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.05% & -0.04% each respectively.