India, March 11 -- India's refining sector powers the nation's energy needs with a current capacity of around 258 MMTPA, operating at over 100% utilization amid robust demand. In early FY26, crude throughput held steady at 5.6 million barrels per day, while GRMs averaged $8-10 per barrel for 9M FY26, boosting profitability. Expansions aim to push capacity toward 300 MMTPA soon, enhancing export potential.

With a market capitalisation of Rs 18,82,502.27 crore, the shares of Reliance Industries Ltd closed at Rs 1,391.10 per share, decreased around 1.27 percent as compared to the previous closing price of Rs 1,409.05 apiece.

Brokerage Recommendations Reliance Industries Limited has received a bullish outlook from Morgan Stanley, which has ...