Reliance Industries (RELIANCE): Reliance Share Price Falls 2.03% to Rs 1,175.70 as Large Cap Stock Declines Today

Updated: 28 Oct 2026 • 11:43 am

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Reliance Industries (RELIANCE): Reliance Share Price Falls 2.03% to Rs 1,175.70 as Large Cap Stock Declines Today

Reliance Industries (RELIANCE) share price fell to Rs 1,175.7 today, down 2.03% from the previous close. Market cap was Rs 16,26,611.15 crore.

Reliance Share Price declined on 28 October 2026, with the stock last traded at Rs 1,175.70 as of 28 October 2026 at 11:37:56 AM IST. That is a fall of 2.03% from the previous close of Rs 1,200.00, or Rs 24.30 per share. The Large Cap company has a market capitalisation of Rs 16,26,611.15 crore.

Reliance Stock News today carries one report from the previous day about an NSE block trade in the stock. According to Univest data, the price event is confirmed, but the data does not establish a link between that report and today's fall. Reliance Industries belongs to the Crude Oil sector and the Refineries industry, and the move is a single-day decline.

On the important financial metrics, Univest data shows a P/E ratio of 21.73, a P/B ratio of 1.75, ROE of 10.95% and ROCE of 12.17%. Readers following the Reliance Stock Falling Today move can monitor how the price behaves inside the day's range of Rs 1,173.20 to Rs 1,204.00 and how its valuation compares with industry peers, which the sections below cover.

Table of Contents

Reliance Industries (RELIANCE) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,175.7
Previous Close	Rs 1,200
Today's Move	-Rs 24.30 (-2.03%)
Open	Rs 1,195.5
High	Rs 1,204
Low	Rs 1,173.2
Market Capitalisation	Rs 16,26,611.15 crore
Market Cap Category	Large Cap

What happened to the Reliance Share Price today? The stock opened at Rs 1,195.50 against a previous close of Rs 1,200.00, touched a high of Rs 1,204.00 and a low of Rs 1,173.20, and was trading at Rs 1,175.70 as of 28 October 2026 at 11:37:56 AM IST, a decline of 2.03%, or Rs 24.30 per share.

The opening level of Rs 1,195.50 was Rs 4.50 below the previous close, so the stock began the day lower. It then touched a day high of Rs 1,204.00, which is Rs 8.50 above the open and Rs 4.00 above the previous close, before moving down to the day's low of Rs 1,173.20. That low is Rs 26.80 below the previous close.

The latest price of Rs 1,175.70 is Rs 19.80 below the open and Rs 2.50 above that low, and the full range between the day's high and low spans Rs 30.80. This Reliance Share Price Fall comes with a market capitalisation of Rs 16,26,611.15 crore, and the company is classed as Large Cap. Market capitalisation describes company size, not quality, so it is background to the price move rather than an explanation of it. The next section looks at the report from the previous day.

Why Reliance Industries (RELIANCE) May Be Moving Today

Univest data carries one report on Reliance dated 27 Oct, 12:38 pm. The report describes a block trade on the NSE valued at Rs 70.70 crore, with the transaction price set at Rs 1,197.20 per share. That price is Rs 21.50 above today's latest price of Rs 1,175.70 and Rs 2.80 below the previous close of Rs 1,200.00. These reports were published on 27 Oct, the day before today's fall. Univest data does not establish a link between them and today's price move.

Reliance Industries (RELIANCE) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 16,26,611.15 crore
P/E Ratio	21.73x
P/B Ratio	1.75x
ROE	10.95%
ROCE	12.17%
EPS	Rs 55.22
Book Value Per Share	Rs 684.54
Dividend Yield	0.5%

Reliance Industries (RELIANCE) fundamental metrics show P/E 21.73x, P/B 1.75x, ROE 10.95%, ROCE 12.17%. These ratios show where the company stands today and are not a call to buy or sell.

Reliance Industries has a market capitalisation of Rs 16,26,611.15 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 21.73x, P/B at 1.75x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 10.95% and ROCE of 12.17%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 55.22, book value per share of Rs 684.54, dividend yield of 0.5%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 8.11x, median ROE of 21.52%, median ROCE of 21.26%. Together they describe the fundamental backdrop without implying a buy or sell view.

Sector and Industry Context

Metric	Value
Sector	Crude Oil
Industry	Refineries
Benchmark Scope	same industry
Company P/E Ratio	21.73x
Benchmark Median P/E	8.11x
Benchmark Average P/E	17.4x
Benchmark P/E Range	4.11x to 52.26x
Company P/B Ratio	1.75x
Benchmark Median P/B	1.43x
Benchmark Average P/B	1.41x
Company ROE	10.95%
Benchmark Median ROE	21.52%
Benchmark Average ROE	22.08%
Company ROCE	12.17%
Benchmark Median ROCE	21.26%
Benchmark Average ROCE	22.37%
Company Market Capitalisation	Rs 16,26,611.15 crore
Benchmark Median Market Cap	Rs 72,771.53 crore
Benchmark Average Market Cap	Rs 2,94,916.59 crore

Reliance Industries (RELIANCE) operates in the Crude Oil sector, within the Refineries industry.

Reliance Industries (RELIANCE) has a P/E ratio of 21.73x, which is above the benchmark median of 8.11x, a difference of +167.94%. A P/E difference of this kind is a reference point rather than a recommendation.

Reliance Industries (RELIANCE) has a ROE of 10.95%, which is below the benchmark median of 21.52%, a difference of -49.12%. Reliance Industries (RELIANCE) has a ROCE of 12.17%, which is below the benchmark median of 21.26%, a difference of -42.76%.

Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Indian Oil Corporation	IOC	1,84,423.37	5.52	0.85	21.52	19.69
Bharat Petroleum Corporation	BPCL	1,25,816.66	8.11	1.26	28.47	27.09
Hindustan Petroleum Corporation	HINDPETRO	72,771.53	52.26	1.43	30.93	23.1
Mangalore Refinery And Petrochemicals	MRPL	32,055.03	7.52	1.95	14.17	18.13
Chennai Petroleum Corporation	CHENNPETRO	22,667.29	4.11	1.72	32.13	35.15

Reliance Industries (RELIANCE) has a P/E ratio of 21.73x compared with the displayed peer median of 7.52x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 10.95% compares with a peer median of 28.47% across the companies shown in the table. ROCE stood at 12.17% versus the displayed peer median of 23.1%, providing a capital-efficiency comparison. Reliance Industries (RELIANCE) has a market capitalisation of Rs 16,26,611.15 crore. It is larger by market capitalisation than all 5 peers shown.

Why Investors Are Watching Reliance

The stock fell 2.03% to Rs 1,175.70 from a previous close of Rs 1,200.00.
The day's range runs from a low of Rs 1,173.20 to a high of Rs 1,204.00, with the open at Rs 1,195.50.
Univest data carries a report dated 27 Oct about an NSE block trade at Rs 1,197.20 per share, with no link to today's move established.
The P/E of 21.73 and P/B of 1.75 are above the industry benchmark medians of 8.11 and 1.43, while ROE of 10.95% is below the median of 21.52%.
The Large Cap company has a market capitalisation of Rs 16,26,611.15 crore, the largest in its benchmark group.

About Reliance

Reliance Industries is listed in the Refineries industry, within the Crude Oil sector. It is classed as a Large Cap company with a market capitalisation of Rs 16,26,611.15 crore.

Within its same-industry benchmark of 7 companies, it sits above the median market capitalisation of Rs 72,771.53 crore. Its listed peers in the comparison are Indian Oil, Bharat Petroleum, Hindustan Petroleum, Mangalore Refinery, Chennai Petroleum and Continental Petroleums. Readers looking for Reliance Company News can follow the stock on Univest for updates.

Track Reliance Share Price on Univest

Use Reliance Industries (RELIANCE) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.

Readers can follow the live Reliance Share Price on Univest, along with fundamental ratios such as P/E, P/B, ROE and ROCE, 52-week levels and market insights for the stock. Univest brings these figures together in one place so that price action, valuation and peer context can be read side by side as the trading day progresses.

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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).

Frequently Asked Questions

Why is Reliance Share Price falling today?

Ans. Reliance Share Price fell 2.03% to Rs 1,175.70 from a previous close of Rs 1,200.00. According to Univest data, the price event is confirmed, but the data does not establish a link between the previous day's block trade report and.

What is Reliance Share Price today?

Ans. As of 28 October 2026 at 11:37:56 AM IST, Reliance Share Price was Rs 1,175.70, down Rs 24.30 or 2.03% from the previous close of Rs 1,200.00, after opening at Rs 1,195.50.

What are the day's high and low for Reliance Share Price?

Ans. Reliance Share Price touched a day high of Rs 1,204.00 and a day low of Rs 1,173.20. The stock was trading at Rs 1,175.70 at the time of writing, within that range of Rs 30.80.

What news was reported on Reliance before today's fall?

Ans. Univest data carries a report dated 27 Oct, 12:38 pm, about an NSE block trade valued at Rs 70.70 crore, with the transaction price set at Rs 1,197.20 per share. The data does not establish a link between it and.

What is the market capitalisation of Reliance?

Ans. Reliance has a market capitalisation of Rs 16,26,611.15 crore and is classed as Large Cap. Within its same-industry benchmark of 7 companies, the median market capitalisation is Rs 72,771.53 crore.

What is the P/E ratio of Reliance?

Ans. Reliance has a P/E ratio of 21.73 and a P/B ratio of 1.75. The same-industry benchmark median P/E is 8.11, with a range from 4.11 to 52.26, and the median P/B is 1.43.

What are the ROE and ROCE of Reliance?

Ans. Reliance reports ROE of 10.95% and ROCE of 12.17%. The same-industry benchmark medians are 21.52% for ROE and 21.26% for ROCE, so both company figures are below the middle of the group.

What are the EPS, book value and dividend yield of Reliance?

Ans. Reliance has EPS of Rs 55.22, book value of Rs 684.54 per share and a dividend yield of 0.50%. Dividend yield reflects the historical payout relative to the current price, and does not promise any future payout.

How does Reliance Share Price compare with its peers?

Ans. Reliance has a P/E of 21.73, above four of the six listed peers. Its ROE of 10.95% and its ROCE of 12.17% are both lower than all six peers, while its market capitalisation is above all six.