⚡ BREAKINGEarnings▲ Bullish
Reliance Industries Skyrockets 11.6% in Biggest Single-Day Gain Since 2020 on Blockbuster Q2
Reported by Editorial Desk·11/5/2026·4 min read
RIL shares closed at ₹1,300.00 following a 41% YoY jump in consolidated net profit to ₹25,548 crore, driving the lion's share of Nifty's benchmark points gain.
✦ Key Takeaways & Market Impact
- RIL stock surged 11.6% to ₹1,300.00
- Q2 Consolidated Net Profit up 41% YoY to ₹25,548 Cr
- Over 4.8 crore shares traded
Shares of index heavyweight Reliance Industries Ltd (RIL) logged their sharpest single-day rally in four years, closing up 11.6% at ₹1,300.00 on the National Stock Exchange. The stock saw unprecedented volume of over 4.8 crore shares traded.
The company announced that consolidated EBITDA for its oil-to-chemicals (O2C) and retail divisions reached all-time quarterly highs, prompting international brokerages to raise target valuations.
💡In Simple Terms (Plain-Language Explanation)
In simple terms: Reliance made record profits in energy, retail, and telecom this quarter, making its shares heavily sought after by fund managers.
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