RIL stock

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Reliance Industries: Nuvama Upgrades to 'Buy', Sees Rs 1801 Target as New Energy Biz Unlocks Big Upside

2025-07-01 Niranjan Ghatule

Reliance Industries has rebounded strongly from its April 2025 lows, delivering over 30% returns and gaining further momentum after strong Q4FY25 results. Brokerage firm Nuvama has upgraded the stock to a 'Buy' with a target price of Rs 1801, citing massive upside from its solar module business and New Energy platform. Read the full breakdown of what’s driving RIL’s next big valuation re-rating

Reliance Industries: Nuvama Upgrades to 'Buy', Sees Rs 1801 Target as New Energy Biz Unlocks Big Upside

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