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Nuvama Predicts 17% EBITDA Growth for Reliance Industries in Q2FY27

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Nuvama Predicts 17% EBITDA Growth for Reliance Industries in Q2FY27

Analysed 1 Oct 2026·2 sources analysed·India·Business
Nuvama Predicts 17% EBITDA Growth for Reliance Industries in Q2FY27PreviousNext

Reliance Industries is projected to report a 17% year-on-year increase in Q2FY27 EBITDA to Rs 53,700 crore, driven by stronger refining margins and higher crude throughput, according to Nuvama Research. The oil-to-chemicals (O2C) business is expected to lead near-term earnings with a 38% EBITDA rise. Nuvama retains a Buy rating with a target price of Rs 1,766, highlighting the New Energy segment as a potential key growth driver by FY30. Profit after tax is forecasted to grow 15% year-on-year to Rs 20,900 crore.

Sentiment
75%
TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (75/100). Lens Score 37/100.

Outlets measured: economictimes, thefinancialexpress. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 1 Oct 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Positive (75/100)

Sentiment was consistent across outlets (75–75/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

thefinancialexpress broke this story on 1 Oct, 07:37 am. Other outlets followed.

1 Oct, 07:37 am2 sources · 18 min1 Oct, 07:55 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
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Silver Futures Prices Rise on Multi Commodity Exchange Amid Market Activity
1
thefinancialexpress1 Oct, 07:37 am
Nuvama bullish on RIL: Predicts 45 upside as 'golden refining era' drives Q2 earnings
  • 2
    economictimes1 Oct, 07:55 am
    RIL Q2 Results: Nuvama sees 17 EBITDA growth, led by O2C biz. Here's what to expect
  • Who's involved

    Institutions and figures named across source coverage.

    Corporate
    Reliance Industries LimitedNuvama ResearchNuvama Wealth Management Limited

    Story context

    Category
    Business
    Location
    India
    Sources analysed
    2
    Last analysed
    1 Oct 2026
    Key entities
    Reliance IndustriesEarnings before interest, taxes, depreciation, and amortizationOil refineryCroreIndian rupeeBrokerValuation (finance)Net incomeJet fuelFuel oilRenewable energyConglomerate (company)