Reliance Industries Ltd., the Nifty 50 heavyweight, has announced that it will be declaring its December quarter results next Thursday, January 16.

In an exchange filing, the company also announced that it make public a presentation for the quarter gone by to the analysts and media.

Shares of Reliance Industries have been in focus in recent times after a slew of brokerages came out with positive commentary on the stock post it correcting from its all-time high levels.

On Wednesday, brokerage firm Bernstein said that 2025 will be a recovery cycle for Reliance Industries with telecom and retail verticals leading the earnings growth for the year. It also expects refining margins to rebound.

Bernstein said that Reliance Industries’ valuations are at a three-year low and that makes risk-reward attractive for the stock.

Bernstein had an “outperform” rating on Reliance Industries with a price target of ₹1,520.

Jefferies too reiterated its “buy” recommendation on Reliance Industries with a price target of ₹1,690.

The brokerage expects a 14% growth in Reliance Industries’ Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) in financial year 2026, with all segments contributing to the growth.

Jefferies also said that the valuations of Reliance Industries are at the lowest since the Covid-19 shock of March 2020.

Out of the 39 analysts that have coverage on Reliance Industries, 33 of them have a “buy” rating, while three each have a “hold” and “sell” call.

Shares of Reliance Industries ended 0.7% lower on Thursday, in-line with the fall in the Nifty 50 index at ₹1,256.8.