YES Securities sets Rs 1,651 target on RIL, flags Jio IPO and Reliance Retail unlock
Brokerage rates Reliance Buy with 24.63% upside from CMP Rs 1,324, citing FY26 capex of Rs 1.45 lakh crore across retail, digital and new energy. Anticipated Jio Platforms IPO and potential Reliance Retail format listings seen as key value triggers.
YES Securities rates RIL Buy with Rs 1,651 target, citing FY26 capex of Rs 1.45 lakh crore across retail, digital and new energy, anticipated Jio Platforms IPO value unlocking, and possible Reliance Retail format listings.