Mukesh Ambani’s new energy, AI gamble could unlock $60 billion value for Reliance shareholders

July 7, 2025

Morgan Stanley projects Reliance Industries’ market value could jump by $60 billion by integrating its new energy business with AI. RIL plans to transform its Jamnagar complex into an AI infrastructure hub, capitalizing on the AI boom and addressing data center energy needs. This includes powering 1GW of data center capacity with NVIDIA chips.

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Eswari Global Metal Industries is poised for a major Initial Public Offering (IPO) with an ambitious target of raising Rs 1,100 to Rs 1,300 crore.

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