New Delhi, Nov. 28 -- Reliance Industries share price gained nearly a percent to touch a record high on Friday led by strong buying momentum. Reliance shares gained as much as 0.98% to a fresh life-time high of Rs.1,579.00 apiece on the BSE.

The gains in Reliance share price today comes despite the company being levied a penalty by the GST Commissioner.

The billionaire Mukesh Ambani-led energy-to-telecom conglomerate, Reliance Industries Ltd said it received an order dated November 25, 2025 from the Joint Commissioner, CGST, Ahmedabad imposing a penalty of Rs.56.44 crore.

"The Order has been passed interpreting input tax credit falling under blocked credit ignoring classification of services by service provider. The Company intends to ...