“Deven Choksey is bullish on Reliance Industries, believing the group can effectively manage its $110 billion AI investment. He notes that Reliance's strong 15-20% annual EBITDA growth and contained Jio capex could enable the group to double its profit base over five years, mitigating debt concerns. Long-term investors have multiple catalysts to watch, including the expected demerger of Jio's platform within months, the retail business a year later, and renewable energy monetisation over the next four to five years, all poised to unlock significant shareholder value.”

Deven Choksey’s track record: 3 graded calls · 95% CI 0–56%