BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Kotak upgrades Reliance Industries to add
Stock trades attractively at 12-times FY16 earnings per share. The 11 per cent underperformance in the stock is overdone. The stock underperformance offers opportunity to accumulate. No material downside risk to fair valuations.