ICRA assigns Reliance Industries at AAA
Reliance Industries (RELIANCE) said ICRA has assigned its credit rating at AAA. The company is valued at about ₹16.36 lakh crore.
What happened
Reliance Industries (RELIANCE) told the exchanges on 21 October 2026 at 08:44 PM that ICRA has assigned its credit rating at AAA.
Company snapshot
Reliance Industries is a large-cap company in the Oil Gas & Consumable Fuels sector, with a market value of about ₹16.36 lakh crore.
The stock last traded at ₹1,209, against a 52-week range of ₹1,152.2–₹1,611.8 (25.0% below the high).
Before this filing the shares had moved −3.4% over the month and −7.8% over three months. Average daily turnover over the last 20 sessions was about ₹1,719 crore.
Promoters held 50.48% at the end of Q1 FY27, up 0.48% points from the previous quarter. Foreign institutions owned 17.20% and domestic institutions 21.19%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 2,48,660 | 26,994 | 19.95 |
| Q2 FY26 | 2,58,898 | 18,165 | 13.42 |
| Q3 FY26 | 2,69,496 | 18,645 | 13.78 |
| Q4 FY26 | 2,98,621 | 16,971 | 12.54 |
| Q1 FY27 | 3,11,850 | 20,946 | 15.48 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.8% on average the next trading day and was down 2.6% on average after five days (5 filings with price data).
Across 13 similar disclosures by other Oil Gas & Consumable Fuels companies, shares moved +2.7% on average the next day and −0.6% over five days; 62% of them rose the next day.
Market-wide, 1,319 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 25 Sept 2026 | Credit Rating | −3.6% | — |
| 25 Sept 2026 | Intimation of Credit Rating assigned by CARE Ratings Limited and… | −3.6% | — |
| 9 Sept 2026 | Credit Rating | −1.7% | −2.7% |
| 3 Jul 2026 | Credit rating | +0.3% | −0.5% |
| 29 May 2026 | Credit rating | −0.5% | −4.4% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
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- Why Rubio is visiting Reliance’s oil refinery in India, the world’s largest
- Jio listing could trigger 47% upside in Reliance Industries stock, says Religare
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.