Mumbai, June 15, 2026, 03:34 (IST).
- Reliance Industries shares closed at ₹1,293.00, gaining 2.38%. The move follows a choppy week for the stock, which stayed near its 52-week low.
- Jio Platforms, the tech unit of RIL, broke into the global top 20 in WIPO’s newest PCT patent rankings, jumping 320 spots.
- RIL’s AGM on June 19 is next up for markets. Investors are watching for any hints on the Jio IPO, updates on AI or data-centre investments, and what the company says on oil-market risks.
Reliance Industries Ltd. is likely to get attention when Indian markets open again. Jio Platforms, the digital arm, said on Sunday it made it into the global top 20 in the latest World Intellectual Property Organization patent list. RIL finished its last session up 2.38% at ₹1,293.00, gaining ₹30.00. Shares moved between ₹1,262.50 and ₹1,297.00, but the stock is still just about 3% above its 52-week low. Traders are watching to see if this tech news can help break the recent downbeat mood.
Today’s news is not about earnings, but valuation is in focus as Reliance gets looked at as more than just oil and chemicals. Jio Platforms said it jumped 320 spots to reach 20th in the 2025 Patent Cooperation Treaty rankings. That makes it the only Indian tech innovator in the global top 20. The PCT is WIPO’s system for companies to apply for patent protection in several countries with one process.
Jio said its patent portfolio covers 5G, 5G Advanced, 6G, artificial intelligence, AI-native networks, cloud-native platforms, radio access, edge intelligence and network slicing. Akash M. Ambani, managing director of Jio Platforms, said the increase “reflects our years of efforts towards transforming into a deep-tech company.” Jio reported a total of 6,817 cumulative patent filings as of March 31, 2026. Of those, 2,393 were in India and 4,424 overseas. Jio said 1,009 patents have been granted globally.
The patent update comes after last week’s Meta-Reliance data-centre deal, which bulls say could push a rerating of RIL’s digital and infra units. Meta is set to lease space at a 168-megawatt AI-ready centre that Reliance is building in Jamnagar. RIL will handle the design, build-out, renewable energy, network, and managed services. Reuters reported that no financial terms or launch timeline were shared, but noted that India’s data-centre market is seen almost doubling to $13.11 billion by 2034.
Bulls argue Reliance’s weak share price may be overdoing the gloom, with the company pushing into Jio, retail, green energy and AI infrastructure. Business Standard quoted G Chokkalingam, Equinomics Research’s founder and head of research, saying, “Foray into green energy and data centres, and reducing dependence on the oil & gas business augur well for RIL.” That report also cited Gaurang Shah of Geojit Investments who stuck with a “Buy” rating and an 18-month target at ₹1,540. Technical analyst Kunal Shah at Mirae Asset ShareKhan said the stock needs to clear ₹1,320 for a trend reversal, calling that level “resistance”—a price where gains have tended to stall. Business Standard
Bearish risks for RIL are still heavy. The company’s latest annual report, quoted by Business Standard, flagged that the FY27 forecast faces threats from geopolitics, macro trends, and policy changes. Reliance also noted that global oil demand could remain weak, pointing to high crude prices and risk of slower growth. That’s important since Reliance is still tied heavily to its oil-to-chemicals segment. The Meta data-centre tie-up hasn’t given out any financials yet, so investors can’t plug in likely near-term earnings.
RIL shares don’t look particularly cheap or low risk at the moment, but some patient buyers may see value. As of June 12, RIL’s trailing price-to-earnings ratio stood at 21.66, below the industry’s 28.92. The stock lost around 10% in the past year and is down 7% in three months. The main event ahead is the June 19 AGM at 2:00 p.m. IST, with investors focused on updates about a Jio IPO, AI infrastructure, how capital is being used, and sign-offs on related-party deals in the digital units.
