Reliance Industries shares move up after securing long-term green ammonia offtake agreement with Samsung C&T, details here
News by Aliceblue News Desk
17 Mar 2026
Introduction
Leading energy company signs $3 billion green ammonia supply agreement with South Korean firm for 15 years, with deliveries scheduled to begin from second half FY2029.
Share price movement of Reliance Industries
On March 17, 2026, Reliance Industries Limited opened at ₹1,400.00, up 0.36% from its previous close of ₹1,395.05. The stock reached a high of ₹1,403.40 (0.60%) and a low of ₹1,394.85. By 10:17 AM, it traded at ₹1,400.90, a 0.42% increase, with a market cap of ₹18,95,764.09 crore.
Reliance Signs Green Ammonia Deal
Reliance Industries Limited has signed a binding long-term green ammonia supply agreement with Samsung C&T Corporation, marking one of the largest global offtake deals valued above $3 billion globally today.
The agreement will run for 15 years starting in the second half of FY2029, with Reliance supplying green ammonia produced through its integrated new energy platform in India overseas markets.
The deal aligns with India’s National Green Hydrogen Mission and supports domestic manufacturing of solar modules, battery energy storage systems, and electrolysers within Reliance’s end-to-end clean energy value chain framework.
Reliance stated this agreement is the first in a series of long-term partnerships aimed at scaling its new energy business and positioning India as a global exporter of green fuels.
Stock performance of Reliance Industries for period of 1 week, 6 months, and 1 year
Reliance Industries Limited delivered a 1-week return of -0.97%, a 6-month return of -1.41%, and a 1-year return of 12.6%.
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Shareholding pattern of Reliance Industries
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 50.00% | 50.00% | 50.10% |
| FII | 19.10% | 18.70% | 19.20% |
| DII | 20.30% | 20.40% | 19.90% |
| Public | 10.60% | 10.90% | 10.80% |
About Reliance Industries
Reliance Industries Limited (NSE: RELIANCE) is India’s largest private sector company with businesses across energy, petrochemicals, renewables, retail, digital services, and media sectors.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Reliance Industries Limited share price rising today?
A: Reliance Industries Limited share price rises after signing a $3 billion green ammonia supply agreement with Samsung C&T under a 15-year contract.
Q: What is Reliance Industries Limited’s main business focus?
A: Reliance Industries Limited operates across hydrocarbons, petrochemicals, renewable energy, retail, digital services, and media businesses with diversified revenue streams.
Q: What are the 52-week high and low of Reliance Industries Limited stock?
A: Reliance Industries Limited stock has a 52-week high of ₹1,611.20 and a 52-week low of ₹1,115.55.
News Author
Aliceblue News Desk
