RIL shareholders pocket Rs 1 lakh cr in 3 sessions; Street eyes Rs 1,400-1,803 ahead of June 19 AGM
Reliance Industries rallied 6% into its June 19 AGM, lifting market cap to Rs 17.95 lakh cr. Analysts flag up to 35% upside to Rs 1,803, with catalysts spanning the $4B Jio IPO, Reliance Retail turnaround, a Meta data-centre tie-up, and green energy milestones.
RIL shares rose 6% in three sessions ahead of its June 19 AGM, where Mukesh Ambani is expected to detail the $4 billion Jio IPO, Reliance Retail progress, Meta data centre partnership, and green energy updates.