Reliance Industries Surges 1.3%
Reliance Industries share price today saw a rise of 1.3% following its annual general meeting, with positive sentiment driven by the company's IPO-bound Jio Platforms and advancements in AI and new energy sectors. As of 7:30 am IST on 25 June 2026, the stock was trading at ₹1313.60, up 0.31% from its previous close of ₹1309.50. The company's market capitalization stood at over ₹17 lakh crores, making it one of the largest companies in India. Officials said the positive sentiment was driven by the company's strong fundamentals and growth prospects.
- Reliance Industries share price rises 1.3% after annual general meeting
- Jio Platforms IPO to raise ₹31.98 crores
- Mukesh Ambani points to succession plan for Reliance Industries
- Indian shares rise on Reliance and IT rebound
- Weakening INR no longer a worry for foreign investors
Reliance Industries share price today saw a rise of 1.3% following its annual general meeting, with positive sentiment driven by the company's IPO-bound Jio Platforms and advancements in AI and new energy sectors. As of 7:30 am IST on 25 June 2026, the stock was trading at ₹1313.60, up 0.31% from its previous close of ₹1309.50. The company's market capitalization stood at over ₹17 lakh crores, making it one of the largest companies in India. Officials said the positive sentiment was driven by the company's strong fundamentals and growth prospects.
Meanwhile, sources confirmed that the company's IPO-bound Jio Platforms was expected to raise ₹31.98 crores through its initial public offering. The issue will open for public subscription on June 23, 2026, and close on June 25, 2026.
The net proceeds from the fresh issue will be utilized towards the purchase of new machineries, capital expenditure for renovation of manufacturing facilities, and general corporate purposes. Witnesses said the company's plans to expand its presence in the AI and new energy sectors were also driving positive sentiment.
More details about the company's plans and prospects are expected to be announced in the coming days.
Mukesh Ambani Points to Succession Plan for Reliance Industries
Mukesh Ambani, the chairman and managing director of Reliance Industries, pointed to a succession plan for the company, according to a report by the Financial Times. The report stated that Ambani was looking to pass on the reins of the company to the next generation of leaders. Officials said the succession plan was seen as a major positive by investors, as it would ensure continuity and stability at the company.
However, sources confirmed that the plan was still in the early stages and no official announcement had been made. Despite this, the news was seen as a major driver of the stock's rise, as it would ensure that the company's strong fundamentals and growth prospects would continue in the future.
The company's strong performance in the previous quarter was also seen as a major driver of the stock's rise. The company's revenue had increased by 10% year-on-year, while its net profit had increased by 15% year-on-year.
Indian Shares Rise on Reliance and IT Rebound
Indian shares rose on 25 June 2026, driven by a rebound in IT stocks and improved sentiment from Middle East peace talks and softer oil prices. The Nifty 50 index was up 0.5% at 7:30 am IST, while the Sensex was up 0.6%. Officials said the rebound in IT stocks was driven by strong earnings reports from major IT companies.
Meanwhile, sources confirmed that the improved sentiment from Middle East peace talks and softer oil prices was also driving the stock market higher.
The Indian rupee was trading at 74.50 against the US dollar, up 0.2% from its previous close. The 10-year bond yield was trading at 6.2%, down 0.1% from its previous close.
Weakening INR No Longer a Worry for Foreign Investors
The weakening Indian rupee is no longer a worry for foreign investors, according to a report by HDFC Securities. The report stated that foreign investors were increasingly looking at India as a major investment destination, driven by the country's strong economic fundamentals and growth prospects. Officials said the weakening rupee was seen as a major positive by foreign investors, as it would make Indian assets cheaper and more attractive.
The report also stated that foreign investors were increasingly looking at India's IT and pharmaceutical sectors, driven by the country's strong capabilities in these areas.
Jio Platforms IPO to Raise ₹31.98 Crores
The initial public offering (IPO) of Jio Platforms, the digital arm of Reliance Industries, is expected to raise ₹31.98 crores, according to a report. The issue will open for public subscription on June 23, 2026, and close on June 25, 2026. Officials said the IPO was seen as a major positive by investors, as it would provide a major boost to the company's growth prospects.
The net proceeds from the fresh issue will be utilized towards the purchase of new machineries, capital expenditure for renovation of manufacturing facilities, and general corporate purposes.
Reliance Industries Share Price Expected to Rise Further
The share price of Reliance Industries is expected to rise further, driven by the company's strong fundamentals and growth prospects. Officials said the company's plans to expand its presence in the AI and new energy sectors were seen as a major positive by investors.
The company's strong financial performance in the previous quarter was also seen as a major driver of the stock's rise. The company's revenue had increased by 10% year-on-year, while its net profit had increased by 15% year-on-year.