Reliance Industries shares fell 2% on Wednesday, 28 October, amid investor focus on the stock following the listing of its subsidiary, Jio Platforms, on the stock exchanges.
Jio Platforms, the digital services arm backed by Reliance Industries, made a strong market debut, listing at ₹1,358 per share on both the BSE and NSE. This represented a 21.36% premium over its issue price of ₹1,119, making it the second-most valuable company in India by market capitalisation.
Meanwhile, Reliance Industries shares opened at ₹1,195.50 apiece on the BSE and touched an intraday high of ₹1,204 and a low of ₹1,175.
Following Jio Platforms’ listing, the combined market capitalisation of Reliance Group’s listed companies rose to ₹28.9 lakh crore
The company’s Board of Directors is scheduled to meet on Friday, 30 October 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter and half year ended 30 September 2026.