Reliance Industries (CHIX:RIGDL) 3-1 Month Momentum %: -3.58% (As of Aug. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:RIGDL Reliance Industries Ltd CHIX:RIGDL
84 GF Score
Price $55.50
GF Value $68.94
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Reliance Industries 3-1 Month Momentum %?

Reliance Industries CHIX:RIGDL +0.18% 84 3-1 Month Momentum % is -3.58% as of Aug. 22, 2026. GuruFocus rates CHIX:RIGDL with a GF Score™ of 84/100 and a GF Value™ of $68.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,023 Oil & Gas companies, Reliance Industries ranks better than 63.34% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-22), Reliance Industries's 3-1 Month Momentum % is -3.58%.

The industry rank for Reliance Industries's 3-1 Month Momentum % or its related term are showing as below:

CHIX:RIGDl's 3-1 Month Momentum % is ranked better than
63.34% of 1023 companies
in the Oil & Gas industry
Industry Median: -7.41 vs CHIX:RIGDl: -3.58

Reliance Industries  (CHIX:RIGDl) 3-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Reliance Industries 3-1 Month Momentum % Related Terms


CHIX:RIGDL vs MPC, VLO, PSX: 3-1 Month Momentum % Comparison

For the Oil & Gas Refining & Marketing subindustry, Reliance Industries's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reliance Industries 3-1 Month Momentum % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reliance Industries's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Reliance Industries's 3-1 Month Momentum % falls into.


CHIX:RIGDL
84GF Score
Reliance Industries Ltd CHIX:RIGDL
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Industries  (CHIX:RIGDl) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -3.58% mean?
Reliance Industries (CHIX:RIGDL) has a 3-1 Month Momentum % of -3.58% as of Aug. 22, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Reliance Industries and its competitors. According to the industry distribution chart, Reliance Industries ranks #375 out of 1023 companies in the Oil & Gas industry, placing it in the top 36.7%.
Is Reliance Industries' 3-1 Month Momentum % too high?
Reliance Industries' current 3-1 Month Momentum % is -3.58%. Based on the distribution chart, Reliance Industries ranks #375 out of 1023 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Reliance Industries has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Industries' 3-1 Month Momentum % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Reliance Industries ranks #375 out of 1023 companies for 3-1 Month Momentum %. This puts Reliance Industries in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for an Oil & Gas company?
A good 3-1 Month Momentum % depends on the Oil & Gas industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Reliance Industries and its competitors. Reliance Industries's current 3-1 Month Momentum % is -3.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Industries stock overvalued right now?
Based on GuruFocus' analysis, Reliance Industries (CHIX:RIGDL) is currently considered Modestly Undervalued. The stock's GF Value™ is $68.94, compared to a current price of $55.50 — trading 19.5% below its estimated fair value. The current 3-1 Month Momentum % is -3.58%. Reliance Industries' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Reliance Industries (CHIX:RIGDL), the current 3-1 Month Momentum % is -3.58% as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Reliance Industries (CHIX:RIGDL) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Industries stock appears to be undervalued. The current stock price of $55.50 is trading 19.5% below its estimated GF Value™ of $68.94. GuruFocus considers Reliance Industries to be Modestly Undervalued.

Key valuation signals for CHIX:RIGDL:

  • 3-1 Month Momentum %: -3.58%
  • GF Value™: $68.94 vs. price of $55.50 (19.5% below fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the CHIX:RIGDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reliance Industries Business Description

Industry EnergyOil & Gas
Address 222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, IND, 400021
Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The company has five principal operating and reporting segments: Oil to Chemicals (O2C), Oil and Gas, Retail, Digital Services, and other services. Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment, which derives the majority of revenue, includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.
84GF Score

Get the complete analysis for CHIX:RIGDL

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$55.50
Price
$68.94
GF Value