{
  "id": 17755187,
  "title": "Reliance Stock Jumps Over 8% After Record Q2 Results",
  "url": "https://urgent.news/2026/11/02/reliance-stock-jumps-over-8-after-record-q2-results",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T05:39:25.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/reliance-stock-jumps-over-8-after-record-q2-results"
  },
  "original_language": "en",
  "account": "Reliance Industries Ltd (RIL) shares experienced an 8.2% increase to Rs 1,259 in early trading on Monday, propelled by record earnings for the second quarter of FY27 and positive outlooks from brokerages. This surge made Reliance the biggest gainer on the Nifty 50 and its largest positive contributor. The Mukesh Ambani-led conglomerate saw its market capitalisation rise to Rs 16.77 lakh crore. The sharp rise in Reliance shares supported broader gains across Indian equity markets, with the Sensex advancing 1,035 points, or 1.4%, to 75,486 and the Nifty 50 gaining 290 points, or 1.26%, to 23,343. The strength of RIL's financial performance, particularly in its oil-to-chemicals (O2C), digital services, and retail businesses, attracted investor interest. RIL's consolidated revenue increased 28% year-on-year to a record Rs3.62 lakh crore in the July-September quarter, while EBITDA rose 24% to Rs62,409 crore, marking a quarterly high. The O2C division reported a 44.2% revenue increase to Rs2.32 lakh crore, with EBITDA soaring 67.9% to Rs25,203 crore, driven by stronger transportation fuel cracks. Jio Platforms also contributed to the positive outlook with an 11.3% revenue rise to Rs47,485 crore and a 16.6% EBITDA increase to Rs21,879 crore, aided by subscriber additions and expanded digital services.",
  "summary": "Reliance Industries Ltd (RIL) shares surged more than 8% in early trading on Monday, following record earnings for the second quarter of FY27 and an optimistic outlook from brokerages. The Mukesh Ambani-led conglomerate emerged as the biggest gainer on the Nifty 50 and its largest positive contributor. Reliance was also the most actively traded stock on the National Stock Exchange (NSE) and…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}