BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains buy on Reliance Industries
Expect launch of Reliance Jio by September-October of 2016. Street will start to build estimated for Jio. Expect operating profit/ free cash flows break-even for Jio in FY18/FY19. Retain out high conviction buy.