BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Jefferies maintains hold on Reliance Industries
Regional gross refining margins remain very weak in Q3. RIL's GRM estimated at $6.5/barrel in Q3. Value RIL price earnings at 11.5-times with a target of Rs 890.