Citi upgrades Reliance Industries rating to 'Buy,' raises target price to Rs 1,530
- Posted on November 25, 2024
- By Business News Today
- 3 Views
Citi upgrades Reliance Industries rating to 'Buy,' raises target price to Rs 1,530
Citi has upgraded Reliance Industries Ltd. to a "Buy" rating with a target price of Rs 1,530. They cite improving refining margins and growth in Jio as key drivers. While the retail segment may face short-term challenges, Citi remains optimistic about RIL's overall performance.
