Goldman Sachs lowers target price of Reliance Industries’ stock, maintains ‘Buy’
Global brokerage Goldman Sachs on Thursday lowered its target price for Reliance Industries Ltd (RIL), while maintaining 'buy' rating for the diversified group.
Global brokerage Goldman Sachs on Thursday lowered its target price for Reliance Industries Ltd (RIL), while maintaining 'buy' rating for the diversified group.
This was in line with a bearish trend in equities, where Tata Consultancy Services (TCS) and Reliance Industries faced the sharpest erosion.
After Saregama, reports of Reliance eyeing a stake in Dharma Productions have surfaced. Following this, the X bio of Dharma is going viral.
Reliance Industries Limited (RIL) reported quarterly consolidated revenue at Rs 2.58 lakh crore for Q2 FY25.
Son of industrialist, Anil Ambani, Jai Anmol Ambani has been slapped with a penalty of ₹1 crore by the Securities and Exchange Board of India (Sebi).
Share of Reliance Infrastructure Ltd went up 20 per cent on Wednesday after the company announced that its external debt was down to Rs 475 crore, against the earlier Rs 3,831 crore.
The move comes as a result of their involvement in the misdirection of company funds.
The note said Jio could list at a USD 112 billion valuation and add 7-15% upside to the Reliance Industries share price.
This was the second time Reliance Group’s revolutionary work was recognised by TIME.
Reliance Retail has delivered a resilient performance with another year of strong revenue growth and profit.
