Shares of Reliance Industries Ltd (RIL) rose over 2% on Thursday after Swiss investment bank UBS maintained its 'Buy' rating on the market heavyweight. It has a target price of Rs 1,820 per share on the Mukesh Ambani led conglomerate. RIL shares rose 2.42% to a high of Rs 1550.90 today. Market cap of the firm almost touched the Rs 21lakh crore mark. It rose to Rs 20.98 lakh crore. Advertisement

RIL stock has gained 25% in a year and risen 32% in two years. The stock has a beta of 1.2, indicating high volatility in a year.

The stock fell to a 52-week low of Rs 1115.55 on April 7, 2025 and reached a record high of Rs 1551 on July 9 this year.

In terms of technicals, the relative strength index (RSI) of RIL stock stands at 68.9, signaling it's trading near the overbought zone. RIL share

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