Reliance Industries shares set for biggest-single day jump since April 2020 as Q2 earnings spark Rs 1 lakh

Reliance Industries shares surged nearly 7.5% after reporting outstanding Q2 results for FY27. The company announced a massive 41% yearly increase in net profit to Rs 25,548 crore, alongside a 29% rise in revenue to Rs 3.32 lakh crore. Many international brokers are holding onto 'Buy' ratings, anticipating considerable upside for the stock. These recent gains have helped Reliance rebound from a 52-week low recorded earlier this month.