Motilal Oswal, Jefferies, Nomura see up to 28% upside for Reliance after Jio Platforms IPO filing
Brokerages set target prices of Rs 1,640-1,675 after Jio's SEBI filing revealed 524 million subscribers and Rs 1,468.9 billion revenue; AGM also flagged growth plans across Reliance Retail, clean energy and AI.
Reliance Industries' AGM outlined growth in telecom, retail, AI and clean energy; Jio Platforms IPO filed with SEBI, brokerages see up to 28% upside.