Reliance Industries Shares Hit 52-Week Low Amid Wider Market Selloff

Reliance Industries shares dropped over 2% to a 52-week low of ₹1,198 on the BSE on September 28, 2026, amid a broader stock market decline.

RIL is reportedly planning to raise up to ₹10,000 crore through five-year asset-backed securities supported by rental receivables from group companies including Reliance Jio.

On a year-to-date basis, Reliance shares have fallen about 24%, driven by concerns surrounding retail growth, capital expenditure, and free-cash-flow conversion.