“Bullish on Reliance Industries (RIL), expecting significant value unlocking from a potential Jio Platforms IPO, which could command a market capitalization of ₹8-10 lakh crore and reflect positively on RIL's stock price. Further upside is seen from Jio's next growth engine in satellite communication, supporting 20%+ profit growth, and the commercialization of RIL's renewable energy portfolio (solar, green hydrogen, battery storage) which is approaching an inflection point. The retail business has also stabilized with strong EBITDA margins and an effective omnichannel strategy, though a bonus issue is expected only at the 50th AGM next year.”

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