RELIANCE

Reliance Industries has once again proved its dominance by showing resilience across energy, retail, and telecom. With Jio driving subscriber growth and Reliance Retail rapidly expanding its footprint, the conglomerate is diversifying beyond oil. Investors closely track its progress in the green energy segment, where Reliance has committed multi-billion-dollar investments. The stock has been consolidating, but any strong execution in new energy could be the next re-rating trigger. Long-term investors still see Reliance as a wealth compounder.