Reliance Industries Share Price in Focus as RCPL Enters Ice Cream Market With Bombay Creamery

Reliance Industries share price Rs 1,313.10, up 0.31%. Bombay Creamery ice cream priced from Rs 10, launched 1 Sep in Western India. India's ice cream market estimated at Rs 27,000-30,000 crore.

Updated: 2 Sept 2026 • 4:50 pm

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Reliance Industries Share Price in Focus as RCPL Enters Ice Cream Market With Bombay Creamery

Quick Answer

Reliance Industries share price traded at Rs 1,313.10 on 2 September 2026, up 0.31 percent, a day after its FMCG arm Reliance Consumer Products Limited announced its entry into India's ice cream market with a new brand called Bombay Creamery. The range, priced from Rs 10 and made with real dairy cream, will initially be sold across cones, cups, tubs, bars and sticks in Western India before a wider rollout. The move places Reliance in direct competition with established players such as Amul, Kwality Wall's and Mother Dairy in a category estimated at Rs 27,000 to 30,000 crore.

Reliance Industries share price traded at Rs 1,313.10 on 2 September 2026, up 0.31 percent, following the announcement that Reliance Consumer Products Limited, the FMCG arm of Reliance Industries, has entered India's ice cream market with a new brand, Bombay Creamery.

The Reliance Industries share price move followed news that the Bombay Creamery range, positioned as an accessible premium dairy ice cream brand priced from Rs 10, will initially roll out across Western India before expanding nationally.

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Table of Contents

What Is Bombay Creamery and How Is It Priced?

Bombay Creamery is Reliance Consumer Products' new ice cream brand behind the Reliance Industries share price move, made with what the company describes as real dairy cream. The range spans cones, cups, tubs, bars and sticks, with prices starting at Rs 10, aimed at a broader base of Indian consumers.

How Does Bombay Creamery Fit Into Reliance's FMCG Strategy?

RCPL Director T Krishnakumar said the brand was built around the idea that dairy quality should not require shortcuts, positioning Bombay Creamery as an entry into the category rather than a one-off product launch. The strategy mirrors Reliance's earlier approach with its Campa beverages brand, where an aggressive entry price point was used to disrupt an established market.

Reliance Industries Share Price: Trading Activity Today

Reliance Industries share price touched an intraday high of Rs 1,321.90 and a low of Rs 1,293.10 on 2 September 2026, before settling at Rs 1,313.10, up 0.31 percent. Trading volumes stood at over 1.3 crore shares.

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Reliance Industries Company Overview and Valuation

Reliance Industries share price reflects a market capitalisation of around Rs 17,69,176 crore, making it India's largest listed company. The stock trades at a price to earnings ratio of 20.07, modestly above the industry average of 16.55, with a return on equity of 8.94 percent, spanning energy, retail, telecom and now FMCG.

What Should Investors Watch on Reliance's FMCG Expansion?

Investors tracking Reliance Industries share price should watch how quickly Bombay Creamery scales beyond Western India and how it performs against entrenched leaders like Amul and Kwality Wall's. The FMCG arm remains a small contributor to Reliance Industries share price relative to energy and retail, but incremental wins add to the broader consumer narrative built through brands like Campa.

Conclusion

Reliance Industries share price edged higher on 2 September 2026 as the company's FMCG arm entered India's ice cream market with Bombay Creamery, an entry-priced brand set to compete with Amul and Kwality Wall's. While unlikely to move near-term earnings, it adds to Reliance Industries share price ambitions in consumer business. Investors should track the rollout and consult a SEBI-registered advisor before making decisions.

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Disclaimer: 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).

Frequently Asked Questions

What is Bombay Creamery?

Ans. Bombay Creamery is a new ice cream brand launched by Reliance Consumer Products Limited, the FMCG arm of Reliance Industries, made with real dairy cream and priced from Rs 10.

Why is Reliance Industries share price in focus today?

Ans. Reliance Industries share price is in focus after its FMCG arm entered India's ice cream market with the launch of Bombay Creamery, adding a new category to its expanding consumer products portfolio.

Where will Bombay Creamery be available first?

Ans. Bombay Creamery will initially be available across Western India before a planned expansion to a pan-India rollout using Reliance's retail and distribution network.

Who are Bombay Creamery's main competitors?

Ans. Bombay Creamery will compete directly with established ice cream brands including Amul, Kwality Wall's, Mother Dairy, Vadilal, Arun and Havmor in India's ice cream market.

How big is India's ice cream market?

Ans. India's ice cream market is estimated at around Rs 27,000 to 30,000 crore, according to industry estimates cited alongside the Bombay Creamery launch.

What is Reliance Industries' current market capitalisation?

Ans. Reliance Industries' market capitalisation stood at approximately Rs 17,69,176 crore as of the latest available data, making it India's largest listed company by market value.