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How To Buy Reliance Stock From India

Want to invest in Reliance Industries stock? Find out why the Reliance stock is so popular in India, details of its financials and what the RELIANCE stock price looks like!
August 30, 2021

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Reliance Industries is one of the most iconic companies in India. In fact, it’s the biggest company in India by market cap and the 54th largest conglomerate in the world. But the company had humble beginnings.

How Did Reliance Industries Start?

Reliance started as a small partnership between Dhirubhai Ambani and Champaklal Damani in the 1960s under the name Reliance Commercial Corporation. However, the partnership ended in 1965.

Dhirubhai Ambani renamed the company to “Reliance Textiles Engineers Pvt” and then took the company public in 1977 with the name Reliance Textile Industries. 

The IPO was a big hit and was oversubscribed by 7x. Since then, Reliance has become a blue-chip company and one of the most stable organizations in India. It has an AAA CRISIL and Fitch credit rating. 

That’s not all. Reliance stock price has grown by more than ₹2,000 since 2002 and it is the biggest company in India with a market capitalization of ₹1,459,653 crores or $207.72 billion. 

The Financials Of Reliance Stock

1. Stock Name: Reliance Industries Ltd. (RELIANCE)

2. Share Price: ₹2,273.75*

3. Market Cap: ₹1,463,198 crores ($207.72 billion)

4. Dividend Yield: 0.31

5. Beta: 0.91

6. 52 Week Low: ₹1,830.00

7. 52 Week High: ₹2,369.35

Fun fact: Reliance was the first private company in India to be officially given a credit rating.

Reliance Stock Price From 2002 To 2021

Investment Facts


Fun fact: Reliance has a bigger market cap than McDonald’s, AT&T, Morgan Stanley, Citigroup, Moderna, Starbucks, and several other US companies.  

How Are Reliance Stock Prices?

Reliance stock price has grown by 4,000% since 2002 with brief periods of volatility owing to events like the pandemic. Furthermore, Reliance stock price has outperformed its competitors in the long run:

Stock

1-Year Returns

5-Year Returns

Reliance Industries

8.61%

350.28%

ONGC

44.72%

-25.49%

Petronet LNG

-4.39%

30.05%

Oil India

84.06%

-9.59%

News Update: The Government of India looks set to raise funds by selling up to 8 lakh Reliance shares it holds through SUUTI (Specified Undertaking of the Unit Trust of India). 

Is Reliance Stock A Good Buy?

Broadly speaking, Reliance stock is known to be a stable investment. There are multiple reasons for this. Some are obvious like the fact that Reliance is a blue-chip company and has a credit rating of AAA. 

Other reasons include:

  • Revenue: Reliance is the largest company in India by revenue, ahead of government-backed Indian Oil Corporation
  • Diversification: Reliance Industries operates in several domains like retail, telecom, wellness, oil and gas, and others 

These indicators, especially the Reliance stock price, are not enough to determine whether or not you should invest in it. You must dig deeper and analyse your own investment goals and risk profile.

Does Reliance Stock Fit Into Your Portfolio?

Your risk profile determines what stocks you can buy and your investment goals dictate why you should invest your hard-earned money in any stock like RELIANCE.  

For example, investors with an aggressive risk profile may use Reliance stock to add balance to their portfolio while investing in small and midcap stocks that can generate better returns. 

On the other hand, conservative investors may allocate more money to Reliance shares since it’s a blue-chip company that pays consistent dividends.

That’s why you should have a sit down with a trained professional like a Cube Wealth Coach or an equity advisor like Purnartha who can guide you through the process of matching your goals to your stocks.

Top Ways To Buy Reliance Stock From India

There are multiple ways to invest in Reliance stock from India. Some are direct, like buying Reliance stock on your own, while others are relatively less risky and indirect like investing through mutual funds.

1. Mutual Funds 

Top mutual funds like the ones on Cube have been known to invest in blue-chip stocks like Reliance. Here are a few examples. 

Mutual Fund

1-Year Returns

3-Year Returns

5-Year Returns

Motilal Oswal Focused 25 Fund

39.58%

13.08%

14.62%

Axis Focused 25 Fund

48.23%

13.90%

17.80%

Kotak Equity Opportunities Fund

52.75%

16.75%

15.83%

SBI Flexicap Fund

52.98%

13.28%

13.37%

HDFC Flexi Cap Fund

58.96%

12.57%

12.84%

Mirae Asset Tax Saver Fund

73.58%

19.76%

21.18%

Mutual funds on the Cube Wealth app are handpicked and curated by Wealth First, Cube’s mutual fund advisor, who has a track record of beating Nifty by 50% over the past decade.

2. On Your Own

Buying stocks on your own is possible through a brokerage account. But the process of buying a stock like the research involved can be challenging for a working professional if it’s for a stock like Reliance. 

Other Popular Indian Stock Stories:

1. How To Invest In Asian Paints Stocks From India

2. How To Buy Infosys Stock From India

3. How To Buy HDFC Stock From India?

4. How To Invest In Tata Stocks From India

5. How To Invest In Abbott Stocks From India

FAQs

1. Which country is Reliance from?

Reliance Industries is a company based out of India with its headquarters in Mumbai. Reliance Industries was started in the 1960s and Dhirubhai Ambani became the sole owner in 1965. 

2. What type of company is Reliance?

Reliance Industries’ primary business includes petroleum, natural gas, petrochemicals, and has several subsidiaries in domains like textiles, retail, telecommunications, film & TV content, charity, and more. 

3. Is Jio part of RIL stock?

Yes, Jio is a part of Reliance Industries and as an extension, a part of the RELIANCE stock. 

4. Is it good to buy RIL shares?

Reliance Industries is a blue-chip company that’s also the biggest company in India in terms of market cap and revenue. RELIANCE stock price has grown from ₹53 in 2002 to ₹2,260.40 in August 2021. 

RIL also pays a dividend. But you should consult your financial advisor before investing in any direct stock even if it is a blue-chip company like Reliance Industries. 

5. Can I buy shares in Reliance?

Yes, you can buy Reliance shares from India in multiple ways. You can invest in it directly using a brokerage account or gain exposure to RELIANCE stock through mutual funds.

Note:

Facts & figures are true as of 30-08-2021. All information mentioned is for educational purposes and relies on publicly available information. None of the information shared here is to be construed as investment advice. We strongly recommend you consult a Cube Wealth coach before investing your money in any stock, mutual fund. PMS or alternative asset.

Shriram Shekhar
Shriram is a Consultant at CubeWealth. He has developed cutting edge IT products for over 2 years before turning to his passion for the written word. His love for philosophy, developing products, and empowering people through quality content is what got him to CubeWealth.

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