RIL target price ahead of Jio IPO: 47% upside - Why Religare recommends buying Mukesh Ambani stock before issue launch
Religare Broking recommends buying Reliance Industries, setting a target price of ₹1,696 against a reference price of ₹1,156, implying 46.7% upside. It sees a potential Jio Platforms IPO, improving cash flows, debt reduction and growth in Retail, O2C and New Energy as catalysts for a re-rating.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Wow
0
Sad
0
Angry
0
Comments (0)