BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Edelweiss Recommends 'Buy' On Reliance Industries
With commissioning of Reliance Industries20mega core projects, Edelweiss expects FCF (free cash flow) to turn around, RoE (return on equity) to increase and profit to double for the company in four years. Successful execution of Reliance Jio bolsters confidence in the mega venture, the brokerage adds.