Reliance Industries is gaining traction as Goldman Sachs raises its target price, with global brokerages predicting significant upside despite a recent 13% stock dip. Analysts are optimistic about the oil-to-chemicals business recovery, the impending Jio IPO, and Reliance’s integrated downstream advantage in a tightening market.
Did Goldiam International shares really crash 24% in one day? Here’s how the bonus math works
Goldiam International shares appeared to fall 24% after turning ex-bonus, but the decline was purely due to the 1:3 bonus share adjustment. Adjusted for the