Reliance share price up 45% in last one year. Is it time to book some profit? Here’s what experts say
₹3,024.90 on the NSE on March 4 of this year, Reliance share price has experienced some profit-taking. This month, the stock has witnessed a marginal decline of approximately one per cent, as of the closing on March 20. Also Read: Nifty 50, Sensex jump 1% each; why is Indian stock market gaining today? — explained with 5 critical reasons If the stock ends in the red in March, it will break the winning streak of the last four consecutive months.
On Thursday, March 21, Reliance share price rose about a per cent amid positive market sentiment. Reliance share price opened at ₹2,905.05 against the previous close of ₹2,887.50 and touched its intraday high of ₹2,915.80 in trade till 1:10 pm. The stock was 0.60 per cent up at ₹2,904.95 at that time.
Also Read: Content creators have mixed feelings about the Disney-Reliance merger We collated the views of fundamental and technical experts to understand what investors should do with the stock. Is there more steam left in it? Here’s what they said: Motilal Oswal has a buy call on the stock with a target price of ₹3,210. Using SoTP, the brokerage firm values the standalone business of RIL at 7.5 times Dec’25E EV/EBITDA to arrive at a valuation of ₹955 per share.
Also Read: BSE share price jumps 8% after Investec upgrades stock to ‘Buy’, sees 38% upside potential Motilal Oswal estimates the value of Reliance Retail's main business to be around 35 times EV/EBITDA for FY26E and connectivity at nearly five times to arrive at our valuation of ₹1,759. “Reliance Retail’s value in RIL shares is ₹1,547 per share (for its 87.9 per cent stake). Our premium valuation multiples capture the opportunity for the rapid expansion of RIL’s retail business and the aggressive rollout of digital
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