Following the Q2 earnings, there are three significant triggers for Reliance Industries' shares.

Following the release of Reliance Industries Ltd.'s September quarter earnings after market hours on Friday, October 17, almost 95% of the 38 analysts who cover the Nifty 50 heavyweight stock still have a "Buy" recommendation on the firm. Nomura, citing a minor beat in Q2 due to strong retail performance, keeps its 'Buy' rating with a price target of ₹1,700. The firm has increased its EBITDA projections for FY26 and FY27 by 4% and 12%, respectively. Nomura added that RIL's capital expenditures rose to ₹40,000 crore, but the company's net debt was constant at ₹1.18 lakh crore.