Reliance shares up 28% year-on-year; is it time to book profits?
Reliance Industries shares have shown a spectacular rise of 28% in 2025. Strong results, growth in Jio and retail businesses have boosted investor confidence, but reaching near record highs has also sparked talk of profit booking.
The year 2025 wasn't particularly bullish for the Indian stock market, but Reliance Industries didn't disappoint investors. While the Sensex gained only about 8% year-to-date, Reliance shares surged a remarkable 28%.
This is why Reliance was among the top gainers on the Sensex this year. The stock recently closed around ₹1,565 and remains very close to its record high of ₹1,580. So, let's understand whether now is the time to book profits from Reliance or hold it.
Reliance's greatest strength is its diversified business model. The company has strong presence in numerous sectors, from oil refining to telecom, retail, and digital platforms.
Even when global markets fluctuated, Reliance's earnings remained largely unaffected. Quarterly results showed strong increases in profits and operating income, further strengthening investor confidence.
From oil to digital, strength on every front
The company's oil-to-chemical (O2C) business remained stable despite international challenges. Improving refining margins and demand for petrochemical products supported this segment.
Meanwhile, Jio has emerged as Reliance's biggest growth engine. Investments in 5G networks, digital services, AI, and its data business have led to Jio's continued addition of new customers and rising revenues.
Retail and media increased their strength
Reliance Retail's presence has now expanded to smaller cities and online platforms. JioMart and quick delivery services have further connected the company to the average consumer.
Additionally, the media and streaming businesses have added a new dimension to the company's earnings, with profit margins expected to be quite strong.
Credit rating upgrade boosts confidence
The upgrade of Reliance's credit rating to December 2025 is being seen as a major positive sign. This clearly indicates that the company's earnings are becoming more stable and predictable. Retail and digital businesses are expected to provide a significant portion of the company's cash flow in the future.
Should profits be booked now?
This is the question on the minds of ordinary investors. With the stock near its all-time high, it's natural for short-term investors to be tempted to book profits.
However, from a long-term perspective, Reliance's focus on green energy, renewables, hydrogen, and new technologies could create significant value in the future.