Morgan Stanley sees Reliance Industries’ AI, new energy bets powering next growth chapters. Here’s why
- Posted on June 1, 2026
- By Business News Today
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- 1 min read
Morgan Stanley sees Reliance Industries’ AI, new energy bets powering next growth chapters. Here’s why
Morgan Stanley believes Reliance Industries has entered its fifth monetisation cycle, with artificial intelligence infrastructure and new energy businesses poised to become key growth drivers. Maintaining an overweight rating and a target price of Rs 1,803, the brokerage sees 34% upside in the stock.