RELIANCE.NS Stock Today: January 19 JioStar Profit Slides 33% QoQ
Reliance stock today is in focus after JioStar, Reliance’s media JV, reported Q3 profit of Rs 888 crore, down 33% QoQ, with revenue at Rs 8,010 crore. TV ad slowdown weighed on margins while sports and digital helped top line. JioHotstar MAUs rose 13% QoQ to 450 million, signaling strong OTT traction. Shares of RELIANCE.NS fell 3.4% last session to ₹1,409. We explain what this means for Indian investors, near term sentiment, and levels to track on Reliance stock today.
Reliance stock today: Market reaction to JioStar Q3
Reliance stock today tracks the previous session’s 3.4% slide, closing at ₹1,409 after opening at ₹1,450.6 and hitting ₹1,406.3. RSI at 32.75 and CCI at -207 signal oversold conditions. Price sits below the 50-DMA at ₹1,533.9 and 200-DMA at ₹1,441.2, and below the lower Bollinger Band near ₹1,494, pointing to short term downside exhaustion but weak momentum.
JioStar’s quarterly profit fell to Rs 888 crore, down 33% QoQ, as TV advertising remained soft even as sports and digital lifted revenue. JioHotstar MAUs rose 13% QoQ to 450 million, highlighting shifting viewer time to OTT. These trends can weigh on sentiment for Reliance stock today in the near term. See details here: source.
JioStar Q3 results: what stood out
Revenue rose to Rs 8,010 crore, but profit settled at Rs 888 crore, reflecting ad pressure and elevated sports content costs. The mix shows India’s linear TV still soft while premium events support reach. For Reliance stock today, the margin dip matters more than top line. Read the print here: source.
Engagement stayed strong as audiences flocked to cricket and Bigg Boss on JioHotstar, lifting MAUs to 450 million. This supports subscription and data monetisation across Reliance’s digital ecosystem. Still, a slow TV ad market caps near term profit. For Reliance stock today, investors should balance the OTT growth runway against ad cyclicality and sports rights costs that influence quarterly earnings.
Implications for Reliance investors
Media remains a smaller earnings stream versus energy, retail and telecom. The JV’s print may move narrative in the short run, but group fundamentals rely on diversified cash flows and execution in core verticals. For Reliance stock today, this reduces single segment risk, though the media outlook shapes how investors price optionality in digital and content.
Reliance’s next earnings announcement is on 23 April 2026. Near term, we watch any hints of a TV ad recovery and OTT monetisation. Meyka scenarios point to ~₹1,622 over the next month, ~₹1,471 over the next quarter, and ~₹1,461 over a year. These are directional views, not guarantees, and depend on results.
Trading levels and risk check
For traders tracking Reliance stock today, support sits near ₹1,406, then ₹1,380 if weakness extends. Resistance appears at ₹1,450 and the lower band zone around ₹1,494. The 200-DMA at ₹1,441 and 50-DMA at ₹1,534 are key trend gauges. ADX at 23.4 signals a developing trend, while ATR at 26 indicates moderate daily swings.
On valuation, the stock trades at 23.7 times TTM EPS with a price to book of 2.25 and a dividend yield near 0.38%. Debt to equity stands around 0.43, with ROE near 9%. For Reliance stock today, solid balance sheet support offsets short term media noise, but investors should size positions prudently and respect risk limits.
Final Thoughts
For Indian investors, the signal this week is mixed. JioStar’s Rs 888 crore profit, down 33% QoQ, underscores TV ad softness, yet OTT strength is clear with JioHotstar at 450 million MAUs. Reliance stock today reflects that tug, trading below key moving averages with oversold readings. What to do now? Track ad recovery signs, any updates on sports monetisation, and Reliance’s April earnings. For traders, watch ₹1,406 support and ₹1,450 to ₹1,494 resistance. For long term holders, the diversified base across energy, retail and telecom cushions near term media swings. Keep positions sized to volatility, set stops, and review after the next print.
FAQs
Why did Reliance stock today decline despite revenue growth at JioStar?
Profit fell 33% QoQ to Rs 888 crore as TV advertising stayed weak and sports costs kept margins tight. Revenue at Rs 8,010 crore rose on sports and digital, but the market focused on profitability. The mix pressured sentiment on Reliance stock today even with strong OTT engagement.
Is JioStar’s profit drop a major risk for Reliance stock today?
It is a near term sentiment risk, not a structural one. Media is smaller versus energy, retail and telecom. OTT growth and sports reach are positives, while TV ad softness and content costs weigh on margins. Watch the ad cycle and monetisation updates before drawing long term conclusions.
What technical levels matter for Reliance stock today?
Immediate support is near ₹1,406, then ₹1,380. Resistance sits around ₹1,450 and the lower Bollinger Band near ₹1,494. The 200-DMA at ₹1,441 and 50-DMA at ₹1,534 are key trend gauges. RSI near 33 suggests oversold, but confirmation from price action is important.
When is Reliance’s next earnings and what should investors watch?
Reliance’s next earnings announcement is on 23 April 2026. Focus on commentary around media monetisation, any signs of a TV ad recovery, and updates across energy, retail and telecom. These levers will shape guidance, cash flows, and how the market values the stock through FY26.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.