Reliance Industries Shares Rally 8% on Strong Q2 FY27 Results
Reliance Industries shares surged 8% in a single day, their biggest rally in nearly seven years, adding Rs 1 lakh crore to market capitalization, reaching Rs 17 lakh crore. The rally followed strong Q2 FY27 results, with consolidated net profit rising 41% year-on-year to Rs 25,548 crore and revenue up 29% to Rs 3.32 lakh crore. The oil-to-chemicals segment led earnings growth, with EBITDA jumping 68% to a record Rs 25,203 crore.
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