RS
RS
+2.2%🟢 Fundamentally supportedReliance, Inc. · Industrials
$415.69Vol 38.1K · 0.5× normalMkt cap +$0.46Blive · 2026-10-16 ET
What happened
Move
+2.2%
Price
$415.69
Volume
38.1K
0.5× normal
Market cap
$21.22B
+$0.46B today
Why it moved
Earnings releasemedium confidence
- Stay Ahead of the Game With Reliance (RS) Q3 Earnings: Wall Street's Insights on Key Metrics — finnhub-news
- Reliance (RS) Earnings Expected to Grow: Should You Buy? — finnhub-news
Possible catalyst: earnings release, 1.5pp above its sector.
Verdict — was the move justified?
🟢 Fundamentally supported
Earnings release — direction and rough magnitude are consistent with the identified fundamental catalyst.
How unusual is this move
σ score
1.7σ
vs own 20d volatility
Percentile
85th
of 1268 daily moves
Avg daily move
±1.3%
own 5y average
vs sector
+1.5%
beyond sector median
What happened after similar moves
165 similar up moves in RS’s 5-year history:
After 5 days
+0.3%
58% higher
After 20 days
+1.2%
56% higher
Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.
Fundamental context
V 42G 31P 42H 87Q 80
Insider activity (90d): net selling $2.48M
Valuation context
P/E (TTM)
23.2
5y median 13.4
P/E percentile
92%
vs own 5y history
FCF yield
0.0%
Trading richer than 92% of its own historical valuation range.
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