UBS resumes coverage on Reliance Industries with ‘Buy’ rating, sets target price at Rs 1,750

UBS resumed coverage on Reliance Industries with a ‘Buy’ rating and a Rs 1,750 target, citing strong prospects in Jio, retail, and new energy. The brokerage expects value unlocking across business segments, with earnings growth and sector-leading multiples supporting long-term re-rating potential for the stock.

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