Reliance Industries Limited (RIL) shares rose over 3% in early trade on Monday after the conglomerate posted strong September quarter results, fuelling optimism among investors ahead of the festive week.
Around 10:20 am, shares of the company rose 3.22% to Rs 1,462.60 on the Bombay Stock Exchange (BSE). The stock’s sharp upmove added to the broader market rally on Dalal Street as sentiment turned upbeat following a string of solid earnings reports.
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The company reported a consolidated profit after tax of Rs 18,165 crore for Q2 FY26, up 10% from Rs 16,563 crore a year earlier. Revenue from operations rose 10% year-on-year to Rs 2.59 lakh crore, beating estimates of Rs 2.51 lakh crore.
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