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RIL shares hit record high, approach Rs 3,000 mark; price targets, outlook and more

RIL shares trading at record high, overbought on charts; can the rally continue?

Shares of Mukesh Ambani-led Reliance Industries Ltd (RIL) are trading at their record high. The RIL stock hit an all-time high of Rs 2658.95 on January 10, 2024 and fell to its 52-week low of Rs 2012.14 on March 20, 2023. RIL shares ended at Rs 2649.95 level, up 2.69% in the previous session on BSE. The stock saw high turnover of Rs 119.81 crore on BSE after 4.58 lakh shares changed hands on BSE. RIL stock has risen 12.24% in a year. It has seen low volatility in one year with a beta of 0.3.

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