Reliance Industries: rating update from S&P
Reliance Industries (RELIANCE) said S&P has reaffirmed its credit rating. The company is valued at about ₹17.74 lakh crore.
What happened
Reliance Industries (RELIANCE) told the exchanges on 4 November 2026 at 08:47 PM that S&P has reaffirmed its credit rating.
Company snapshot
Reliance Industries is a large-cap company in the Oil Gas & Consumable Fuels sector, with a market value of about ₹17.74 lakh crore.
The stock last traded at ₹1,311, against a 52-week range of ₹1,152.2–₹1,611.8 (18.7% below the high).
Before this filing the shares had moved +12.0% over the month and +1.3% over three months. Average daily turnover over the last 20 sessions was about ₹2,460 crore.
Promoters held 50.44% at the end of Q2 FY27, down 0.04% points from the previous quarter. Foreign institutions owned 16.67% and domestic institutions 21.72%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| 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 |
| Q2 FY27 | 3,32,861 | 25,548 | 18.88 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 7 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 2.8% on average after five days (6 filings with price data).
Across 16 similar disclosures by other Oil Gas & Consumable Fuels companies, shares moved +1.9% on average the next day and −1.1% over five days; 56% of them rose the next day.
Market-wide, 1,411 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 |
|---|---|---|---|
| 21 Oct 2026 | Intimation of Credit Rating assigned by ICRA Limited | −1.6% | −3.4% |
| 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% |
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):
- Reliance Industries Limited (RELIANCE.NS) stock price, news, quote and history
- Reliance Industries Q2 results: Profit may top Rs 21,000 crore as refining, Jio drive earnings
- Reliance Industries seeks voluntary strike-off of UK Hamleys subsidiary
- India's Reliance posts best day in over six years as oil business, Jio Platforms lift outlook
- Reliance Industries Shares Fall 2% After Jio Platforms Listing; Q2 Results on October 30
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.