RELIANCE

Reliance Industries continues to remain a cornerstone of India’s growth story. With its diversified play across oil-to-chemicals, retail, and Jio Platforms, the company has built resilience across cycles. The focus on renewable energy, particularly green hydrogen, could unlock the next wave of growth. Investors should also note its consistent capex strategy, which may weigh on short-term cash flows but positions RIL for long-term leadership in multiple sectors. At current valuations, RIL offers a balance of stability and growth — making it a compelling core portfolio stock.