Goldman sees 50% upside in RIL stock by FY26
Business Standard|March 28, 2024
Shares of oil-to-telecom major Reliance Industries (RIL) jumped 3.6 per cent intraday to ₹2,988 on the BSE on Wednesday.
- HARSHITA SINGH

This came after Goldman Sachs raised its target price on the stock, citing peaking capital expenditure (capex) in its old businesses, favourable risk-reward and value accretion from the recent media joint venture with Disney.

In a note, the brokerage raised its one-year target price on RIL to ₹3,400 from ₹2,925 in a base-case scenario, reflecting a potential upside of 14 per cent over Wednesday's close.

この蚘事は Business Standard の March 28, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、8,500 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Business Standard の March 28, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、8,500 以䞊の雑誌や新聞にアクセスしおください。

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