Dipan Mehta holds a neutral to cautious view on Reliance Industries, believing the stock could remain subdued until there is clarity on its restructuring. He suggests investors are uncomfortable with the prospect of IPOs for Jio and retail without a clear vertical split, preferring a vertical split instead.

Dipan Mehta’s track record: 12 graded calls · 95% CI 25–75%

Reliance IndustriesNeutralCalled 26 Feb 2026Graded 23 Aug 2026
Verdict:HIT

Reliance Industries decreased from ₹1393.90 to ₹1343.90, a decline of 3.59%, which is consistent with a neutral to cautious view and the expectation of the stock remaining subdued.

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