Reliance Industries Share Price Falls To 52-Week Low As Market Weakness, Oil And Gas Concerns And Jio IPO Weigh On RIL

Reliance Industries Limited (RIL) shares fell as much as 1.44% on 9 October 2026. The share price touched a 52-week low of ₹1,160.40. The stock had declined 25.58% year-to-date (YTD), reflecting pressure from a broader market correction and company-specific concerns.

Investors are also awaiting the company’s second-quarter financial results for FY2026-27.

On the National Stock Exchange (NSE), the RIL share price was ₹1,172.50, down ₹5.50 or 0.47 % at 11:34 am on 9 October 2026. The previous close was ₹1,178, while the opening price was ₹1,179. The session high stood at ₹1,179 and the low at ₹1,160.20.

Why Is The Reliance Industries Share Price Falling?

Five factors are shaping investor sentiment towards the stock.

• The domestic benchmark indexes corrected about 15% during calendar year 2026, adding to the pressure on the RIL shares.

• The ongoing West Asia crisis raised concerns about subdued performance in the oil and gas business and its impact on profitability.

• Recent heavy capital expenditure could raise depreciation expenses. Investors may take time to see the contribution of expanded capacities to profits.

• Investors are tracking the proposed Jio IPO, which is likely to launch in October 2026. Jio Platforms is RIL’s majority-owned digital technology subsidiary.

• The upcoming RIL Q2 FY27 results are another key factor for investors. Earnings before interest, taxes, depreciation and amortisation (EBITDA) are expected to grow 17% year-on-year (YoY), supported by an expansion in middle distillate crack spreads. Oil-to-chemicals (O2C) EBITDA is estimated to rise 38% and digital EBITDA to increase 16%. These gains could be partly offset by a 6% decline in oil and gas EBITDA and a 1% fall in retail EBITDA, compared with a higher base.

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