New Delhi, Jan. 27 -- After several years of underperformance, shares of Reliance Industries could be gearing up for a solid up move, as a combination of factors positions it as a candidate for re-rating in the calendar year 2025.

Over the last five years, Reliance Industries' share price has underperformed the benchmark Nifty 50, gaining only 65 per cent compared to the Nifty 50's 89 per cent rise.

In the past three years, Reliance shares have managed a modest 5 per cent increase, significantly trailing the Nifty 50's 35 per cent jump.

Over the last year, the underperformance has been even starker, with Reliance shares declining 8 per cent while the Nifty 50 climbed 8 per cent.

For the first time in the past 10 years, shares of Relia...