Profit

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

NSE
1385.95
Change Change %
42.20 3.14%

Updated:18 Apr, 2019, 15:59 PM IST

BSE
1382.90
Change Change %
37.60 2.79%

Updated:18 Apr, 2019, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Bank of America Merrill Lynch
N/A
22-12-2015 Buy 992.25 1160.00
N/A
Closed Custom
22-12-2016

Bank of America Merrill Lynch maintains buy on RIL

Bank of America Merrill Lynch has maintained 'buy' on Reliance Industries for target of Rs 1,160/share. It says that strong refining margins should support Q3 and Q3 will be another negative EBIT quarter for oil & gas. Robust earnings contribution from downstream will help and RIL is trading at in-expensive valuations versus market. Bank of America Merrill Lynch adds that current market price offers free option of telecom business.

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