Reliance Industries Ltd posted a 33.80% jump in net profit fueled by a major resurgence in its Oil-to-Chemicals business, while Jio Platforms Ltd recorded higher earnings supported by 542.4 million users. Following its ₹30,200 crore market debut, Jio Platforms successfully reduced its net debt to ₹8,800 crore. Technical analysts expect positive Monday openings for both stocks, issuing upside price targets while contrasting the conglomerate's stability against the pure-play telecom stock's digital expansion potential.
Key points
Market experts view Reliance Industries as a safer investment choice because of its diver…: Market experts view Reliance Industries as a safer investment choice because of its diversified business model and parent exposure to digital gains.
Jio Platforms serves as an attractive option for market participants pursuing dedicated e…: Jio Platforms serves as an attractive option for market participants pursuing dedicated exposure to telecommunications and digital services.
Traders monitoring Jio Platforms upside toward ₹1,550 are advised to keep a stop-loss und…: Traders monitoring Jio Platforms upside toward ₹1,550 are advised to keep a stop-loss under the ₹1,410 listing price.
Sources checked by our analysis pipeline: 1
Mukesh Ambani stocks | Reliance Industries vs Jio Platforms shares: The two Mukesh Ambani-led companies, Reliance Industries Ltd (RIL) and Jio Platforms Ltd (JPL), declared their respective Q2 Results 2026 on Friday. Both companies delivered promising Q2 numbers: RIL reported improved margins in its oil-to-chemicals (O2C) business, while JPL posted strong EBITDA margins, cash reserves, and a rise in ARPU.
According to stock market experts, both Mukesh Ambani-owned stocks are expected to open gap-up on Monday. However, they said that the situation might become tricky for those investors, who want to buy either of these two Mukesh Ambani's stocks.
Decoding Reliance Industries' Q2 Results 2026, Avinash Gorakshkar, Founder of Avinash Mentor Research, said, “Reliance Industries reported strong YoY growth during the July to September 2026 quarter on the consolidated revenue, EBITDA, and net profit front. This could become possible due to the massive recovery in the Oil-to-Chemicals (O2C) EBITDA, which grew about 70% YoY to around ₹25,200 crore during the September 2026 quarter.”
Gorakshkar said that O2C recovery is expected to continue in the next quarter as well, and hence…
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