So today I will predict the share price target of Reliance Industries Limited (RIL) for 2023, 2025, and 2030. There will hardly be anyone who does not know about the Reliance Industries Limited company. And there will hardly be any retail investor who has not invested in Reliance Industries Limited shares.
Reliance Share
Reliance Industries Limited (RIL) is a fundamentally strong company. And you must have known the name of the owner of the company. Nevertheless, let me tell you that the name of the owner of Reliance Industries Limited (RIL) is Mukesh Ambani. And Mukesh Ambani is the richest man in India.
If you are thinking about investing in the shares of Reliance Industries Limited, then let me tell you in advance that you do not need to think much. Reliance Industries Limited is a fundamentally strong company. And you can invest in this company for the long term.
But still, as I tell in every article, there is no work of emotions in the share market. Whenever you invest in a stock, you should have complete knowledge about both the share and the company. Which stock we have to hold for the short term and which stock is right for the long term, we should find out ourselves.
If you are a busy person and cannot keep a constant eye on the market then I would recommend you to invest only in Mutual Funds. If you want to invest in the stock market and earn good profits, then you have to keep an eye on every small and big news of the market.
But if you invest in fundamentally strong companies like Reliance Industries Limited (RIL), then you do not need to pay much attention to the market. You can also invest in such stocks through SIP. So let us now know-how is the financial position of Reliance Industries Limited (RIL) company. Is the company really making a good profit or not?
Reliance Share Price Target 2023
And in the last year, the stock has given a return of about 3.2%. So I think this is the right time to invest in RIL share. Right now Reliance Jio is also earning good profit and the share price can perform well in the coming days. Yes, Reliance Jio is also a part of RIL.
The current price of Reliance Industries Limited’s (RIL) share is ₹2,354.76 INR. So the next share price target of Reliance Industries Limited (RIL) at the end of 2023 is ₹2,900. Yes, the share price can reach up to ₹16.50 easily. Anyway, since the last year, there has been a lot of ups and downs in the price of the stock. So in such a situation, there can be a jump in the share price at any time.
Reliance Industries Limited (RIL) share price target in 2023
Reliance Industries Limited (RIL) is a fundamentally strong company. and yes you can invest in this stock for the long term.
But with this, the risk is also high in Share. I will tell you further why the risk is high in the stock. What is it that the risk is high in a company like RIL?
So the next target for Reliance Industries Limited (RIL) at the end of 2023 is ₹2,900. Yes RIL share can hit ₹2,900 INR in 2023.
Reliance share price target in 2024
Experts in the stock market predict that Reliance Power’s stock price will increase by 2024 since the company is predicted to continue making new decisions every day until that time. Even if the price of its shares would rise, major investors are avoiding Reliance Power.
Anil Ambani was so exhausted that he borrowed money from his brother Mukesh Ambani and paid the bank back because his reputation had been damaged in the business world for a few days. As a result, his reputation has suffered. By 2024, Reliance Power is anticipated to own between 30 and 34 percent of the shares. But given that Reliance Power shares are declining, you should put money in anything.
Reliance share price target in 2025
It was said earlier that Reliance Industries Limited’s (RIL) share is a good stock for long-term investment. So let us now see the company’s balance sheet and financial report.
- Total Income in June 2023: ₹2,11,098 crore
- Total Expenses in June 2023: ₹1,95,087 crore
- Profit After Tax in June 2023: ₹16,011 crore
So the company is earning good profit. 12277 crore income is too much in one quarter. Yes, the company’s expenses are high but the company’s profit is also good. And the profit is increasing every year.
- Total Assets in 2023: ₹1,713,506 crore
- Total Liabilities in 2023: ₹892,353 crore
You can see that the debt on the company is also very high. But if the company makes a profit, then it does not matter much, no matter how much the debt is. Anyway, to run any company one has to take a loan. But if the debt on the company is high and the profit is low, then one should not invest in such a company.
Reliance share price target in 2030
so the next target for Reliance Industries Limited (RIL) in 2025 is 950 INR. And as far as I feel RIL share can reach this target easily. But as you already know. Anything can happen in the share market at any time. And price prediction is not always accurate. and the next target for RIL share in 2030 is 2180 INR.
So if you want to invest in Reliance Industries Limited (RIL) share for the long term then this is a good decision. You can also invest in Reliance Industries Limited (RIL) shares through SIP.
Promoters hold more than 50% shares of Reliance Industries Limited (RIL). And many other mutual fund companies have also invested in the shares of RIL.
Reliance share Future
As far as I am feeling, the stock can give you very high returns in the coming 10 years. So in such a situation, you can hold the stock for the long term and earn profit. Stock is good but you should not put all your money in one stock. You must have at least 10 stocks in your portfolio. You can also invest in more stocks than this.
Before investing in any stock, please check the balance sheet and financial report of that stock. I have come across many retail investors who invest in such stocks which have low prices. Like Yes Bank and Vodafone Idea. So we should not invest more money in any penny stock. If you are thinking that 2 rupee stock will reach 100 easily then it will not happen.
First, you should find out how the stock whose price was 100 INR earlier reached 2 INR. If you check the financial reports of Yes Bank and Vodafone Idea, then you will know that both these companies have a lot of debt and the companies are unable to repay this loan.
So in such a situation, we should avoid investing in penny stocks, and invest in such companies which are fundamentally strong. And can give us good return in long term. Below I am going to tell you In about some such stocks in which you can invest.
- HUL
- Relaxo
- HDFC bank
- ICICI bank
- Pidilite
- Asian paints
- Infosys
- TCS
- Wipro
- Bata
These are the best stocks to invest in in the long term. If you are a new investor then you can invest in these stocks even with your eyes closed. But still, you must check the return and financial reports of all the companies once. There are other good companies in which you can invest.
Conclusion
So, in the end, I would like to say that Reliance Industries Limited (RIL) is a good company and you can invest in this company for the long term. And this is the time to invest. If you delay, then the price of the share will keep on increasing and you will not get a chance to buy the share.