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
CLSA maintained conviction buy on Reliance Industries for a target price of Rs 1,350. Jio will achieve ARPU balance in its tariff strategy. Launch of Jio in three months will be a key trigger. Jio needs to attract large subscriber base to ensure reasonable return.