Will there be a stir in Reliance shares after huge profits? Brokerage said – Price will increase by 33%, benefit in buying now Will Reliance shares see a stir after stellar profits? Brokerages say the price could rise by up to 33%; buying now is advantageous – ..

The country’s most valuable company Reliance Industries Limited (RIL) has declared the results of the first quarter (Q1FY27) of the current financial year 2026-27. Mukesh Ambani-led Reliance has outperformed market expectations and recorded a massive 25.4% year-on-year (YoY) growth in revenue from operations to Rs 3,11,850 crore. However, net profit declined 22% year-on-year to Rs 20,946 crore due to last year’s high base (one-time gain from stake sale in Asian Paints), but if this one-time income is removed, the company’s net profit actually increased by 15.9%. On quarter-on-quarter (QoQ) basis, net profit has seen an impressive growth of 23.4%.

Big bet of 4 big brokerage houses: Expected return up to 33%

After excellent quarterly results, domestic and global brokerage houses are looking quite positive (bullish) about Reliance’s stock. Market experts believe that the continued strength in Reliance’s retail, Jio and oil-to-chemicals (O2C) businesses will take the share prices to new record levels in the coming days. 4 leading brokerage firms have maintained ‘BUY’ rating on Reliance’s stock and have estimated an upside potential of about 27% to 33% from the current price. Brokerage firm Motilal Oswal has given a very strong target price for this stock.

Jio and retail business continue to thrive

The performance of Reliance Jio (Jio Platforms) was also strong in this quarter, where profit increased by 9.2% to Rs 7,764 crore on the basis of digital services. At the same time, the average earning per user (ARPU) has also improved to Rs 215.6. On the other hand, Reliance Retail saw a marginal decline of 14.2% in its net profit due to large investments in quick-commerce and digital infrastructure, but its performance remained strong on the revenue front with a growth of 8.2%. The O2C segment has also recorded a 30.4% jump in revenue on the back of crude oil prices.

What is the advice of experts for investors?

According to market experts, Reliance Industries has always been a safe and high-return portfolio stock for long-term investors. Given the buzz about Jio’s upcoming IPO and the rapid expansion in the new energy business, it may be a wise decision to include Reliance shares in your portfolio at the current decline or consolidation level.