Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1126.35
Change Change %
29.50 2.69%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
1123.75
Change Change %
26.85 2.45%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Morgan Stanley
N/A
11-09-2015 Buy 866.95 1200.00
N/A
Closed Custom
11-09-2016

Morgan Stanley Stays Overweight on RIL

Morgan Stanley has maintained 'overweight' stance on Reliance Industries for target price of Rs 1,200 per share. Morgan Stanley says that company is posting high growth even in an environment of low oil prices and forecasts 2-year earnings to grow at CAGR of more than 23 per cent. Morgan Stanley adds that downstream project launches, telecom launch and decelerating CAPEX intensity are positive for the company and its valuations are compelling at current levels.

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