2 big target prices on the shares of the country's largest company; Know details
Reliance Industries Shares: Brokerage firms CLSA and Citi have given big target prices with buy and outperform ratings on the shares of Reliance Industries. Reliance Industries Limited is a leading Indian business group, whose portfolio includes energy, petrochemicals, retail, digital services, and media and entertainment, among other businesses.
Two of the world's leading brokerage houses have given big target prices on the shares of India's largest company. CLSA and Citi have assigned buy and outperform ratings on Reliance Industries' stock. Reliance Industries is India's largest corporation on the basis of market capitalization of around 20 lakh crores.
The largest stock on the Nifty50 is Reliance Industries, which has a large market cap. The Reliance Industries' stock for the last 6 months gave a return of about 20%. At present, the current price of the shares of this company is Rs 1464.
Brokerage firm Citi has given a target price of Rs 1690 per share on the shares of Reliance Industries. Citi has advised to buy the company's shares while maintaining a buy rating.