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Reliance (RS) News Today

Reliance logo
$308.58 -1.16 (-0.37%)
As of 02:00 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Why is Reliance Down Today?

Reliance, Inc. (RS) shares are trading higher on the back of several strategic moves and earnings catalysts. Key drivers:

  • Masterstroke: a ₹500 cr bet on a new venture delivered a ₹9,000 cr windfall gain for Reliance, boosting near-term earnings expectations
  • Sale of 0.9% stake in Asian Paints for ₹1,876 cr, unlocking value and strengthening the balance sheet
  • Reliance Jio rolls out attractive long-validity plans (336 days at ₹395; starter pack at ₹349), likely to drive subscriber additions and ARPU growth
  • Profile of Mukesh Ambani’s close aide who left a ₹75 cr salary to become a monk — a human-interest story with limited direct market impact
  • Ambani family members feature among India’s top wealth creators alongside Tata and Adani promoters, underscoring the group’s prominence
  • Heavy promoter, PE and VC share sales (over ₹40,000 cr in two weeks) raising concerns about potential supply pressure on large-cap names
Posted 32m agoAI Generated. May Contain Errors.

RS Latest News

Reliance, Inc. stock logo
Mn Services Vermogensbeheer B.V. Trims Holdings in Reliance, Inc. (NYSE:RS)
Mn Services Vermogensbeheer B.V. trimmed its holdings in shares of Reliance, Inc. (NYSE:RS - Free Report) by 7.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,900 shares of the industri
Reliance, Inc. stock logo
Exchange Traded Concepts LLC Boosts Holdings in Reliance, Inc. (NYSE:RS)
Exchange Traded Concepts LLC increased its holdings in Reliance, Inc. (NYSE:RS - Free Report) by 27.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,705 shares of the industrial products company's stoc
Reliance, Inc. stock logo
Assenagon Asset Management S.A. Trims Holdings in Reliance, Inc. (NYSE:RS)
Assenagon Asset Management S.A. trimmed its position in shares of Reliance, Inc. (NYSE:RS - Free Report) by 81.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,236 shares of the industrial products company's stock af
Reliance, Inc. stock logo
Reliance, Inc. (NYSE:RS) Holdings Raised by SG Americas Securities LLC
SG Americas Securities LLC increased its position in shares of Reliance, Inc. (NYSE:RS - Free Report) by 567.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,629 shares of the industrial products company's stock a
Reliance, Inc. stock logo
Reliance, Inc. (NYSE:RS) Shares Sold by Compagnie Lombard Odier SCmA
Compagnie Lombard Odier SCmA decreased its holdings in Reliance, Inc. (NYSE:RS - Free Report) by 2.8% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 35,344 shares of the industrial products company's stock after selling 1,020 shares during the period. C
Reliance, Inc. stock logo
Reliance (NYSE:RS) Shares Down 2.9% - Here's What Happened
Reliance (NYSE:RS) Trading Down 2.9% - What's Next?
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RS Media Mentions By Week

RS Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

RS
News Sentiment

0.39

0.51

Average
Basic Materials
News Sentiment

RS News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

RS Articles
This Week

41

27

RS Articles
Average Week

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This page (NYSE:RS) was last updated on 6/18/2025 by MarketBeat.com Staff
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