BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Morgan Stanley maintains overweight on Reliance Industries
Reliance Industries has a mix of good and difficult news for next 12 months. We expect RIL to be free-cash-flow (FCF) positive in FY18. RIL is now geared for a recovery. The stock is trading at attractive valuations on book value basis.