Jefferies reaffirmed a ‘buy’ rating on RIL (Reliance Industries Limited) with a target price of Rs 3,580. They foresee the possibility of Jio, RIL’s subsidiary, going public in calendar year 2025. According to Jefferies, choosing the IPO route could offer better control, although it would require significant retail participation to overcome the holdco discount.
Bonus, dividends, rights issues and stock splits: TCS, Vedanta, Ola Electric among 14 stocks turning ex-record date this week
Around 14 companies, including TCS, Vedanta and Ola Electric Mobility, have key corporate action dates scheduled between October 12 and 16. The announcements cover dividends,