Reliance Industries Reports Market Capitalization of Rs 18.65 Lakh Crore

Reliance Industries, a prominent player in the oil sector, has shown notable activity today, aligning its performance with the broader sector trends. The company's market capitalization stands at Rs 18,65,721.49 crore, categorizing it as a large-cap entity. Currently, Reliance Industries has a price-to-earnings (P/E) ratio of 22.83, which is significantly higher than the industry average of 16.15.
In terms of moving averages, the stock is positioned higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages, indicating mixed short-term performance. Over the past year, Reliance Industries has achieved a return of 1.82%, slightly outperforming the Sensex, which recorded a return of 1.76%. However, the stock has faced challenges in the short term, with a 1-month decline of 1.88% compared to the Sensex's gain of 0.68%.

Year-to-date, Reliance Industries has performed well, with a return of 13.43%, surpassing the Sensex's 6.14%. In the longer term, the stock has shown substantial growth over the past decade, with an impressive increase of 563.19%, compared to the Sensex's 204.75%.