RIL share price outlook: CLSA sees Q1 as turning point for Reliance Industries stock, predicts 14% upside on retail and Jio gains
Reliance Industries' shares may see a boost from strong Q1 earnings, with CLSA projecting improvements across retail, telecom, and O2C businesses. Retail is expected to show high-teens EBITDA growth, while Jio anticipates significant subscriber additions. The upcoming AGM could provide insights into the Jio IPO and expansion plans in various sectors.
Reliance Industries' shares may see a boost from strong Q1 earnings, with CLSA projecting improvements across retail, telecom, and O2C businesses. Retail is expected to show high-teens EBITDA growth, while Jio anticipates significant subscriber additions. The upcoming AGM could provide insights into the Jio IPO and expansion plans in various sectors.
