Shares of Limited were trading lower on Tuesday afternoon despite the company’s retail arm announcing the acquisition of Himalayan beauty brand Pahadi Local. On the NSE, the stock was quoted at ₹1,411.60, down ₹12.40 or 0.87 per cent as of 12:57 IST, with sellers clearly dominating — 57 per cent of orders on the sell side against 43 per cent on the buy side.
The stock opened at ₹1,430.60, touched an intraday high of ₹1,431.50 and slipped to a low of ₹1,400.60. Traded volume stood at 81.38 lakh shares, with a traded value of ₹1,148.76 crore. Total market capitalisation was at ₹19,10,243.84 crore.
Reliance Retail Limited, one of India’s largest retailers and a subsidiary of Reliance Industries, announced it had completed the purchase of the Pahadi Local brand and business from Pahadi Goodness Private Limited, a beauty and wellness company founded in 2018 that builds its products around Himalayan ingredients, particularly Gutti Ka Tel (Apricot Kernel Oil). The founding team will remain involved in the brand’s creative and product direction post-acquisition.
The broader stock performance tells a cautious story. Reliance shares are down 10.36 per cent year-to-date and have shed 3.16 per cent over the past month, though they remain 14.05 per cent higher over one year. The 52-week high of ₹1,611.80 was recorded on January 5, 2026, while the 52-week low of ₹1,114.85 was seen in April 2025.
With delivery volume at 53.17 per cent of traded quantity and annualised volatility at 25.22 per cent, the stock’s near-term movement may depend less on the acquisition’s strategic merits and more on broader market sentiment as the session heads into the final hours of trade.