Reliance share price target hiked to Rs 1,910: Why Goldman, CLSA, and Morgan Stanley are betting big
- Posted on April 28, 2026
- By Business News Today
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- 1 min read
In brief
Reliance Industries attracts substantial analyst attention as major investment banks elevate price targets following market volatility. Goldman Sachs, CLSA, and Morgan Stanley express confidence in the conglomerate's recovery potential, citing strength in petrochemicals, the forthcoming Jio telecommunications spinoff, and competitive advantages in downstream operations amid global supply constraints.
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Reliance share price target hiked to Rs 1,910: Why Goldman, CLSA, and Morgan Stanley are betting big
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.
