{"id":301635,"date":"2026-10-12T11:52:01","date_gmt":"2026-10-12T06:22:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=301635"},"modified":"2026-10-12T11:52:01","modified_gmt":"2026-10-12T06:22:01","slug":"ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/","title":{"rendered":"RIL Shares Slide 6% in a Month: Reliance Industries Hits 52-Week Low of Rs 1,160.40, Can the Jio Platforms IPO and Shareholder Quota Aid a Bounce Back? Five Reasons, Brokerage View and Risks"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>RIL shares: 52-week low Rs 1,160.40 on 9 Oct (prev close Rs 1,178), down about 25.6% YTD vs Sensex down 15%. Nuvama: Buy, target Rs 1,766. Jio IPO: shareholder category, bid up to Rs 2 lakh; quota size and record date unconfirmed.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">RIL shares slid about 6% in a month and touched a 52-week low of Rs 1,160.40 on 9 October, against a previous close of Rs 1,178, and the stock is down about 25.6% in 2026 while the Sensex is down about 15%. Reasons cited are the market sell-off, weak oil and gas performance amid the West Asia crisis, rising depreciation from heavy capex, the awaited Jio Platforms IPO and Q2 FY27 results. The Jio Platforms IPO could help the stock by unlocking value and, through a reserved category for eligible RIL shareholders with a maximum bid of Rs 2 lakh, may bring short-term buying, but the quota size, record date and price band are not confirmed. Nuvama Institutional Equities rates RIL shares Buy with a target of Rs 1,766, about 51% above Rs 1,172 (my calculation), and expects Q2 EBITDA to grow about 17% year on year.<\/p>\n<\/p><\/div>\n<p>RIL shares are the largest weight in the Nifty and Sensex, so a steep slide in the stock affects index returns and many portfolios. A fall of about 25.6% in 2026 has made the next move a question for both long-term holders and traders.<\/p>\n<p>This article covers the 52-week low, the five reasons behind the decline, what the Jio Platforms IPO and the shareholder quota mean for RIL shares, the brokerage view, scenarios and risks. Details that are reported but not confirmed are marked.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#RIL_Shares_The_Slide_and_the_52-Week_Low\" title=\"RIL Shares: The Slide and the 52-Week Low\">RIL Shares: The Slide and the 52-Week Low<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Five_Reasons_Why_RIL_Shares_Are_Falling\" title=\"Five Reasons Why RIL Shares Are Falling\">Five Reasons Why RIL Shares Are Falling<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Jio_Platforms_IPO_What_Is_Reported_and_What_Is_Not_Confirmed\" title=\"Jio Platforms IPO: What Is Reported and What Is Not Confirmed\">Jio Platforms IPO: What Is Reported and What Is Not Confirmed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#RIL_Shares_and_the_Jio_IPO_Shareholder_Quota\" title=\"RIL Shares and the Jio IPO Shareholder Quota\">RIL Shares and the Jio IPO Shareholder Quota<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Can_the_Jio_Platforms_IPO_Aid_a_Bounce_Back_in_RIL_Shares\" title=\"Can the Jio Platforms IPO Aid a Bounce Back in RIL Shares?\">Can the Jio Platforms IPO Aid a Bounce Back in RIL Shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Brokerage_View_on_RIL_Shares\" title=\"Brokerage View on RIL Shares\">Brokerage View on RIL Shares<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Scenarios_for_RIL_Shares\" title=\"Scenarios for RIL Shares\">Scenarios for RIL Shares<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Risks_for_RIL_Shares\" title=\"Risks for RIL Shares\">Risks for RIL Shares<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#What_to_Watch_Next_for_RIL_Shares\" title=\"What to Watch Next for RIL Shares\">What to Watch Next for RIL Shares<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Why_are_RIL_shares_falling\" title=\"Why are RIL shares falling?\">Why are RIL shares falling?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#What_is_the_52-week_low_of_RIL_shares\" title=\"What is the 52-week low of RIL shares?\">What is the 52-week low of RIL shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Is_there_a_shareholder_quota_in_the_Jio_Platforms_IPO\" title=\"Is there a shareholder quota in the Jio Platforms IPO?\">Is there a shareholder quota in the Jio Platforms IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Do_I_need_to_buy_RIL_shares_to_apply_in_the_Jio_IPO\" title=\"Do I need to buy RIL shares to apply in the Jio IPO?\">Do I need to buy RIL shares to apply in the Jio IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#When_is_the_Jio_Platforms_IPO\" title=\"When is the Jio Platforms IPO?\">When is the Jio Platforms IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#What_is_the_brokerage_view_on_RIL_shares\" title=\"What is the brokerage view on RIL shares?\">What is the brokerage view on RIL shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#What_are_the_risks_for_RIL_shares\" title=\"What are the risks for RIL shares?\">What are the risks for RIL shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/ril-shares-slide-6-percent-in-a-month-52-week-low-can-jio-platforms-ipo-shareholder-quota-aid-the-bounce-back\/#Should_I_buy_RIL_shares_at_the_52-week_low\" title=\"Should I buy RIL shares at the 52-week low?\">Should I buy RIL shares at the 52-week low?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"RIL_Shares_The_Slide_and_the_52-Week_Low\"><\/span><strong>RIL Shares: The Slide and the 52-Week Low<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Level<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Note<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Previous close, 8 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,178<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">NSE<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Open, 9 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,179<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Also the session high<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Intraday low, 9 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,160.20 to Rs 1,160.40<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">The 52-week low; the low was about 1.44% below the previous close<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price at 11:34 am<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,172.50<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 0.47%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Year to date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 25.58%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Sensex down about 15% in calendar 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">One month<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 6%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">From the headline<\/td>\n<\/tr>\n<\/table>\n<p>The stock has therefore underperformed the market by about 10 percentage points in 2026 (my calculation), which makes them a stock where the question is whether a catalyst can change the trend.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Check the Univest Screener for live data on large-cap stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Five_Reasons_Why_RIL_Shares_Are_Falling\"><\/span><strong>Five Reasons Why RIL Shares Are Falling<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Weak market: benchmark indices have fallen about 15% in calendar 2026, and the stock carries a large index weight.<\/li>\n<li>Oil and gas: the West Asia crisis has raised concern about oil and gas profitability, and Nuvama expects oil and gas EBITDA to fall about 6% in Q2.<\/li>\n<li>Capex and depreciation: heavy capex may raise depreciation, and returns from new capacity may take time to show.<\/li>\n<li>Jio IPO wait: investors are watching the Jio Platforms IPO closely, and some may be waiting for details before adding to their holding.<\/li>\n<li>Q2 FY27 results: the September quarter results are awaited, with EBITDA expected to rise about 17% year on year.<\/li>\n<\/ol>\n<p>These are reasons cited in coverage on 9 October, and not all of them carry the same weight.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track RIL shares and Nifty heavyweights live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jio_Platforms_IPO_What_Is_Reported_and_What_Is_Not_Confirmed\"><\/span><strong>Jio Platforms IPO: What Is Reported and What Is Not Confirmed<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Status<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">DRHP filed<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">19 June 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reported<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">SEBI observations<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">28 August 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reported by IPO Ji<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue type<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">100% fresh issue of 27 crore equity shares, face value Rs 10; no offer for sale<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">From the DRHP, per Upstox<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Use of proceeds<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Repay certain borrowings of Reliance Jio Infocomm and general corporate purposes<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">From the DRHP, per Upstox<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue size and valuation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 30,000 crore and Rs 10.3 lakh crore appeared in a Business Today sidebar<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not confirmed<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">IPO dates<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">21 to 23 October, listing 28 October, per one site<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Tentative; the RHP will confirm<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price band, lot size, lead managers<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not announced<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Awaited<\/td>\n<\/tr>\n<\/table>\n<p>RIL held about 66.43% of Jio Platforms before the issue, per IPO Ji, so the IPO is a way to list part of the digital business while RIL keeps the control. Because every date and size above can change in the final RHP, do not act on the tentative figures.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"RIL_Shares_and_the_Jio_IPO_Shareholder_Quota\"><\/span><strong>RIL Shares and the Jio IPO Shareholder Quota<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The DRHP reserves a category for eligible RIL shareholders, with a maximum bid of Rs 2 lakh, per Upstox and IPO Ji. This matters for the stock because some investors may buy the stock to qualify.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Question<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What is reported<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Who is eligible?<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Holders of RIL shares in demat form on the record date, applying with the same PAN<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">How many shares are needed?<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">One share is described as enough by IPO Ji; Upstox calls this the author&#8217;s reading, so confirm in the RHP<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Maximum bid in the category<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 2 lakh<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Size of the quota<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not announced; expected in the RHP<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Record date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not announced; likely linked to the RHP<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buy by when?<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">With T+1 settlement, buy at least one trading day before the record date<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Other categories<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Eligible holders can also bid as retail or HNI from the same PAN, per IPO Ji<\/td>\n<\/tr>\n<\/table>\n<p>Earlier IPOs offered similar categories, such as Bharat Coking Coal for Coal India holders and HDB Financial Services for HDFC Bank holders, per Upstox. Buying RIL shares only to qualify carries price risk, because the stock can fall after the record date and an allotment is not guaranteed.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Can_the_Jio_Platforms_IPO_Aid_a_Bounce_Back_in_RIL_Shares\"><\/span><strong>Can the Jio Platforms IPO Aid a Bounce Back in RIL Shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Value unlock: a listing gives the market a direct price for the digital business, which analysts often use to value the company.<\/li>\n<li>Reduced uncertainty: once the price band and dates are known, the overhang that investors cite may ease.<\/li>\n<li>Shareholder demand: the reserved category may bring short-term buying in the stock before the record date.<\/li>\n<li>Limits: proceeds go to Jio and not to RIL, and the IPO does not change oil and gas or retail earnings.<\/li>\n<\/ol>\n<p>The IPO can help sentiment, but the stock also needs a good Q2, and a weak market can offset both.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Brokerage_View_on_RIL_Shares\"><\/span><strong>Brokerage View on RIL Shares<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Segment<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Nuvama Q2 FY27 EBITDA estimate (YoY)<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Consolidated<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 17%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Oil to chemicals<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 38%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Digital<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 16%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Oil and gas<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 6%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Retail<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 1% (higher base)<\/td>\n<\/tr>\n<\/table>\n<p>Nuvama rates the stock Buy with a 12-month target of Rs 1,766. From Rs 1,172, that is a gain of about 50.7% (my calculation). Targets are opinions and can change.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Scenarios_for_RIL_Shares\"><\/span><strong>Scenarios for RIL Shares<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Scenario<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What would need to happen<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reference levels<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Recovery<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Clear Jio IPO terms and a Q2 result in line with estimates<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Back above Rs 1,178 to Rs 1,179, the 8 and 9 October reference prices<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Range<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Little news and a weak market<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Between the 52-week low of Rs 1,160.40 and about Rs 1,179<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Further fall<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A Q2 miss, a delayed IPO or higher crude prices<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A close below Rs 1,160.40 would make a fresh 52-week low<\/td>\n<\/tr>\n<\/table>\n<p>No source I found published an upper resistance level, so these are reference prices from the last two sessions and not forecasts.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_for_RIL_Shares\"><\/span><strong>Risks for RIL Shares<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Earnings:<\/strong> Oil and gas and retail EBITDA are expected to be weak in Q2.<\/p>\n<p><strong>IPO timing:<\/strong> Dates, size and valuation for the Jio Platforms IPO are unconfirmed and can change.<\/p>\n<p><strong>Capex:<\/strong> Depreciation may rise before new capacity pays off.<\/p>\n<p><strong>Geopolitics:<\/strong> The West Asia crisis affects crude and oil and gas profitability.<\/p>\n<p><strong>Quota risk:<\/strong> Buying only for the shareholder category is risky because allotment is not guaranteed.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_RIL_Shares\"><\/span><strong>What to Watch Next for RIL Shares<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>The Jio Platforms RHP: price band, quota size, record date and dates.<\/li>\n<li>Whether RIL shares hold the Rs 1,160.40 low.<\/li>\n<li>Q2 FY27 results and the oil to chemicals and digital numbers.<\/li>\n<li>Crude oil and the West Asia situation.<\/li>\n<li>The Sensex and Nifty direction.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>RIL shares fell to a 52-week low of Rs 1,160.40 on 9 October and are down about 25.6% in 2026, with the market, oil and gas, capex, the Jio Platforms IPO wait and Q2 results behind the slide. The IPO and its shareholder category may help RIL shares, but the quota size, record date and price band are still unconfirmed. Consult a SEBI-registered advisor before making any decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_are_RIL_shares_falling\"><\/span><strong>Why are RIL shares falling?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Coverage cites a weak market, oil and gas worries amid the West Asia crisis, higher depreciation from capex, the Jio IPO wait and awaited Q2 results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_52-week_low_of_RIL_shares\"><\/span><strong>What is the 52-week low of RIL shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock touched an intraday 52-week low of Rs 1,160.40 on 9 October, against a previous close of Rs 1,178.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_there_a_shareholder_quota_in_the_Jio_Platforms_IPO\"><\/span><strong>Is there a shareholder quota in the Jio Platforms IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The DRHP reserves a category for eligible RIL shareholders with a maximum bid of Rs 2 lakh. The quota size and record date are not announced.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_I_need_to_buy_RIL_shares_to_apply_in_the_Jio_IPO\"><\/span><strong>Do I need to buy RIL shares to apply in the Jio IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Only to apply in the shareholder category. You can also bid in the retail or HNI category. Confirm eligibility in the RHP.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_is_the_Jio_Platforms_IPO\"><\/span><strong>When is the Jio Platforms IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> One site cites 21 to 23 October as tentative dates. These are not confirmed until the RHP, and the price band is not announced.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_brokerage_view_on_RIL_shares\"><\/span><strong>What is the brokerage view on RIL shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nuvama Institutional Equities rates RIL shares Buy with a target of Rs 1,766 and expects Q2 EBITDA to grow about 17% year on year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_for_RIL_shares\"><\/span><strong>What are the risks for RIL shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Weak oil and gas and retail earnings, IPO delays, rising depreciation, West Asia risks and the risk of buying only for the shareholder category.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_RIL_shares_at_the_52-week_low\"><\/span><strong>Should I buy RIL shares at the 52-week low?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. RIL shares can fall further. Consult a SEBI-registered financial advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why are RIL shares falling?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Coverage cites a weak market, oil and gas worries amid the West Asia crisis, higher depreciation from capex, the Jio IPO wait and awaited Q2 results.\"}},{\"@type\":\"Question\",\"name\":\"What is the 52-week low of RIL shares?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock touched an intraday 52-week low of Rs 1,160.40 on 9 October, against a previous close of Rs 1,178.\"}},{\"@type\":\"Question\",\"name\":\"Is there a shareholder quota in the Jio Platforms IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The DRHP reserves a category for eligible RIL shareholders with a maximum bid of Rs 2 lakh. The quota size and record date are not announced.\"}},{\"@type\":\"Question\",\"name\":\"Do I need to buy RIL shares to apply in the Jio IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Only to apply in the shareholder category. You can also bid in the retail or HNI category. Confirm eligibility in the RHP.\"}},{\"@type\":\"Question\",\"name\":\"When is the Jio Platforms IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"One site cites 21 to 23 October as tentative dates. These are not confirmed until the RHP, and the price band is not announced.\"}},{\"@type\":\"Question\",\"name\":\"What is the brokerage view on RIL shares?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Nuvama Institutional Equities rates RIL shares Buy with a target of Rs 1,766 and expects Q2 EBITDA to grow about 17% year on year.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks for RIL shares?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Weak oil and gas and retail earnings, IPO delays, rising depreciation, West Asia risks and the risk of buying only for the shareholder category.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy RIL shares at the 52-week low?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. RIL shares can fall further. Consult a SEBI-registered financial advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>RIL shares slid about 6% in a month and hit a 52-week low. See five reasons, the Jio IPO shareholder quota, the Nuvama view and risks.<\/p>\n","protected":false},"author":28,"featured_media":301634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[4908,8347,11030,2551,11113,11114],"class_list":["post-301635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-52-week-low-2","tag-jio-platforms-ipo","tag-q2-fy27","tag-reliance-industries-share-price","tag-ril-shares","tag-shareholder-quota"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["301634"],"rank_math_title":["RIL Shares Slide 6% in a Month: Can Jio IPO Aid a Bounce Back?"],"rank_math_description":["RIL shares slid about 6% in a month and hit a 52-week low of Rs 1,160.40. See five reasons, the Jio Platforms IPO shareholder quota, the Nuvama view and risks."],"rank_math_focus_keyword":["RIL shares"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/ril-shares-slide-6-in-a-month-reliance-industries-hits-52-week-low-of-rs-1-160.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/301635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=301635"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/301635\/revisions"}],"predecessor-version":[{"id":301636,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/301635\/revisions\/301636"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/301634"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=301635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=301635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=301635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}