Reliance Industries (RIL) Share Price Target: Brokerages Nuvama, Emkay, and Motilal Oswal maintain BUY on Reliance Industries, targeting Rs 1,655-1,765, implying 26-35 per cent upside, driven by Jio ...

RIL share price: MOFSL expects RJio (Jio Platforms) may remain the biggest growth driver for RIL, with digital likely to contribute 80 per cent of RIL’s incremental Ebitda. I ...

RIL Share Price: The filing of the Draft Red Herring Prospectus (DRHP) for the Reliance Jio Platforms IPO has been viewed positively.

There is a potential of value unlocking, with the market awaiting Jio Platforms’ IPO (majority stake), which could crystallize value, said a brokerage.

The biggest announcement was of the much-awaited Jio Platforms IPO DRHP. Analysts believe, before the Jio IPO hits the shelf, Reliance Industries is an attractive bet to add to a portfolio.

Jefferies wrote in its note that FMCG investments by Reliance Industries are accelerating and that could propel revenues to their target of ₹1 lakh crore by 2030. The new energy business is also ...

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Meanwhile, Reliance Jio and Bharti Airtel are set to gain more subscribers, while Vodafone Idea continues its 5G expansion.

Brokerages remained bullish on Reliance Industries shares following the AGM, highlighting multiple growth drivers across telecom, retail, energy and emerging businesses.