Shares of the Mukesh Ambani-led Reliance Industries (RIL) surged over 2 per cent to ₹1,290 on Monday after Citibank upgraded the stock from 'neutral' to 'buy' rating, citing favourable risk-reward dynamics.
The US-headquartered brokerage has raised the target price for the scrip to ₹1,530, implying an upside of over 18 per cent from the current market price.
This story is from the November 26, 2024 edition of Business Standard.
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This story is from the November 26, 2024 edition of Business Standard.
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