Reliance Share Price Hits Record High Despite ₹56 Crore GST Notice

Reliance Industries shares climbed to a fresh all-time high on Friday, reflecting strong investor interest and market momentum. Despite the company receiving a GST notice for ₹56.44 crore, the stock maintained upward momentum, highlighting the resilience of one of India’s largest conglomerates.

At 10:10 AM, the Reliance share price was trading 0.87% higher at ₹1,577.15 per share on the BSE.

Market Performance: Reliance on a Strong Uptrend

Reliance Industries shares have shown consistent gains over recent months:

• 1 Month: +6%
• 3 Months: +14%
• Year-to-Date (YTD): +29%
• Past 5 Years: +77%

This growth comes despite regulatory challenges, underscoring market confidence in Reliance’s diversified business model spanning energy, telecom, and retail.

Main News: ₹56.44 Crore GST Notice

The billionaire-led conglomerate reported that on 25 November 2025, it received an order from the Joint Commissioner, CGST, Ahmedabad, imposing a penalty of ₹56.44 crore.

The notice pertained to the interpretation of input tax credit under blocked credit provisions, without considering the service classification by the provider.

Reliance Industries clarified in its filing on 28 November that:

• The penalty represents the financial impact of the order.
• Operations and other activities remain unaffected by the notice.
• The company intends to file an appeal against the order.

Company Details: Strong Momentum Across Businesses

Reliance Industries operates across multiple sectors, and all are contributing to its strong performance:

• Digital Services (Jio)
• Retail Operations
• Oil-to-Chemicals

This diversified approach continues to support sustained growth, making the stock resilient against isolated regulatory challenges.

Summary: Resilient Growth Amid Regulatory Challenges

Reliance Industries shares demonstrated a strong upward trajectory, hitting new all-time highs despite the GST penalty.

Key highlights:

• Share Price: ₹1,577.15 at 10:10 AM (BSE)
• YTD Gain: 29%
• 5-Year Gain: 77%
• Regulatory Update: ₹56.44 crore GST notice; operations unaffected

The company’s broad business portfolio and growth across multiple sectors continue to drive investor confidence, making Reliance a prominent player in India’s equity markets.