Brokerages see up to 28% upside in Reliance after Jio IPO filing, retail push
At Reliance's 49th AGM, Jefferies, Nomura and Motilal Oswal reiterated Buy calls with targets up to Rs 1,675 (28% upside), citing the Jio IPO filing plus Retail's move into manufacturing/exports and RCPL scaling as a consumer brands platform.
At Reliance's 49th AGM, brokerages Jefferies, Nomura and Motilal reiterated Buy with up to 28% upside, citing Jio IPO filing plus growth engines including Retail's push into manufacturing/exports and RCPL scaling as a consumer brands platform.