Jackpot for Mukesh Ambani as Reliance shares witness bumper rally this Diwali, Sensex recorded intraday gain of…
New Delhi: The shares of Reliance witnessed a strong buying on the morning of Diwali 2025 after the announcement of the Q2 results for the financial year 2025 following the market close on Friday. Reliance shares opened with a gap-up at Rs 1,440 on the NSE and touched an intraday high of Rs 1,460.60 within minutes on Monday. With this surge, the Sensex heavyweight recorded an intraday gain of nearly 3 percent compared to Friday’s closing price of Rs 1,416.80.
Experts are of the opinion that the Reliance shares were expected to open with a gap-up after the release of strong Q2 results on Friday. They believe that if the stock closes above the ₹1,460 level, the upward momentum may continue, and the share could hit a new record high.
Talking to Live Hindustan, Seema Srivastava, Senior Research Analyst at SMC Global Securities, said, “Following Reliance’s strong Q2 results, a gap-up opening was expected. Although the results were announced after market hours on Friday, Reliance DRC shares on the London Stock Exchange closed 2.84 percent higher at USD 65.20.”
Key highlights of Q2 results
As per Seema Srivastava some major takeaways from Reliance’s Q2 results, such as:
The company’s total revenue rose 9.9 percent year-on-year to Rs 2,83,548 crore (USD 31.9 billion).
Jio Platforms (JPL) reported a 14.9 percent increase in revenue, driven by growth in subscribers and improvement in ARPU (Average Revenue Per User).
Reliance Retail (RRVL) reported an 18 percent increase in revenue, with the grocery and fashion segments registering strong growth of 23 percent and 22percent, respectively. The company’s EBITDA (earnings) rose 14.6 percent to USD 50,367 crore (USD 5.7 billion).
News