BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Citi maintains buy on Reliance Industries
Citi has a bull case target of Rs 1,594 on Reliance Industries. Jio launch could have been more eventful. Forecast EBITDA CAGR of 15 per cent over FY16-FY19. Expect around 5 per cent free-cash-flow yield by FY19.