{"id":323263,"date":"2026-10-22T11:35:22","date_gmt":"2026-10-22T06:05:22","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=323263"},"modified":"2026-10-22T11:35:22","modified_gmt":"2026-10-22T06:05:22","slug":"reliance-industries-share-price-near-52-week-low-as-jio-platforms-issue-gets-blockbuster-response-what-should-you-do","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/reliance-industries-share-price-near-52-week-low-as-jio-platforms-issue-gets-blockbuster-response-what-should-you-do\/","title":{"rendered":"Reliance Industries Share Price: Jio Issue Gets a Blockbuster Response, but the Stock Is Near Its 52-Week Low. What Should You Do?"},"content":{"rendered":"

Reliance Industries share price was Rs 1,198.90 on the NSE (down 0.84%) at about 11:20 am IST on 22 Oct 2026, after an intraday low of Rs 1,190.10, about 1.6% below the previous close of Rs 1,209. The stock is about 4% above its 52-week low of Rs 1,152.20 and about 26% below its high of Rs 1,611.80 (my calculations). The Rs 30,213 crore Jio Platforms issue closes on 23 Oct. Nuvama’s target is Rs 1,766 with a Buy rating.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Reliance Industries share price is near Rs 1,199, about 4% above its 52-week low and down roughly 18% in a year, even though the Rs 30,213 crore Jio Platforms issue drew about Rs 2.5 lakh crore of anchor interest. Analysts quoted in the sources say a sustained reversal is unconfirmed, and Nuvama keeps a Buy rating with a Rs 1,766 target, which is about 47% above today’s price by my calculation. At a P\/E of 18.53, the stock trades above the industry’s 15.41, so it is not a low multiple on trailing earnings. This is analysis and not advice, and the decision depends on your time frame and risk limit.<\/p>\n<\/p><\/div>\n

Reliance Industries share price has fallen about 1.5% at its lowest point on Thursday, bringing it close to its 52-week low even as demand for the Jio Platforms issue has been strong. The contrast between a well-received Jio offer and a weak parent stock is the main question for investors.<\/p>\n

This article on the Reliance Industries share price covers the price levels, the reasons given for the fall, what the Jio issue could mean for valuation, the analyst target and the risks. It is educational and not a recommendation, and the Reliance Q2 FY27 results date was not confirmed in the sources I read.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/p>\n

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