Reliance Industries Ltd Share Price – NSE  / BSE

Refineries, Mid Cap

RIL said it will build a 168 MW data centre for Meta, with the facility expected to be delivered within two years. The agreement also includes an option to scale up capacity in the future.

The project marks Meta's first built-to-suit data centre capacity in India. Meta will lease capacity from the facility to support its global infrastructure and artificial intelligence computing requirements.

Under the agreement, RIL will provide end-to-end services for the project, including design, construction, utility management, renewable power supply, network connectivity and operational services.

The company said the Jamnagar location offers advantages such as access to renewable energy, water availability, proximity to submarine cable landing stations on India's western coast and connectivity through Jio's fibre network.

RIL added that the data centre will run on renewable energy and use desalinated seawater for cooling.

Commenting on the development, Mukesh D. Ambani said the partnership highlights India's growing role in the global AI ecosystem and will help establish Jamnagar as a major destination for hyperscale AI computing.

Mark Zuckerberg said the facility will support Meta's global AI infrastructure expansion while strengthening its long-term investment in India.

RIL said the project aligns with the Government of India's efforts to position data centres as strategic national infrastructure and attract global AI investments into the country.

RIL is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services.

The company?s consolidated profit after tax including share of profit/(loss) of associates and JVs fell 8.9% YoY to Rs 20,589 crore in Q4 FY26. Profit before tax stood at Rs 27,195 crore, down 6.6% YoY.

Gross revenue rose 12.9% YoY to Rs 325,290 crore, supported by robust momentum in its oil-to-chemicals (O2C), digital services and retail businesses. However, the oil and gas segment weighed on overall performance due to a natural decline in KG-D6 gas production.

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 Reliance Industries (RIL) today announced a partnership with Meta Platforms, Inc. (Meta) for a data centre project in Jamnagar, Gujarat. RIL will develop a data center with 168 MW capacity to be delivered within two years, with an option to scale.

This is the first built-to-suit data centre capacity in India for Meta and represents a significant milestone in India's emergence as a global hub for AI infrastructure. Meta will lease capacity from the facility, marking a significant milestone in Meta's global infrastructure expansion and deepening the long-standing strategic partnership with Reliance ? one that spans connectivity, commerce, and AI innovation in one of the world's most dynamic digital markets. The data center will serve Meta's global infrastructure, supporting its core business and AI compute needs, underscoring India's growing role in the worldwide digital and AI ecosystem.

Under the agreement, RIL will provide comprehensive end-to-end services spanning the entire lifecycle of the data centre - from design and construction to the ongoing management of utilities, renewable power supply, network connectivity, and fully managed operational services. This positions RIL as a single-window solutions provider for hyperscale AI infrastructure in India.

The strategic location in Gujarat offers significant advantages for large-scale data centre operations, including delivery capability, renewable energy, water availability, proximity to India's western submarine cable landing stations and Jio's extensive fibre network. The data center will be powered by renewable energy and cooled with desalinated seawater, demonstrating both RIL's and Meta's commitment to sustainability.

Reliance Industries announced that the Annual General Meeting(AGM) of the company will be held on 19 June 2026.

Reliance Industries Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1377.3, down 0.79% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.15% on the day, quoting at 23542.8. The Sensex is at 75030.71, down 1.3%.Reliance Industries Ltd has added around 4.73% in last one month.Meanwhile, Nifty Energy index of which Reliance Industries Ltd is a constituent, has increased around 7.3% in last one month and is currently quoting at 40043.3, down 0.33% on the day. The volume in the stock stood at 114.87 lakh shares today, compared to the daily average of 210.24 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 1380, down 1% on the day. Reliance Industries Ltd tumbled 2.71% in last one year as compared to a 4.21% slide in NIFTY and a 15.52% spurt in the Nifty Energy index.

The PE of the stock is 42.84 based on TTM earnings ending March 26.

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