Pending — not yet graded
“Maintains 'Buy' rating on Reliance Industries (RIL) with a price target of ₹1,710 per share. The bullish stance is supported by global refinery throughput disruptions, pushing diesel and gasoline inventories to five-year lows, leading to near-lifetime high Singapore gross refining margins expected to persist through calendar 2026. Firm petrochemical spreads are also anticipated to bolster RIL's O2C earnings growth in FY27.”
Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%
Reliance IndustriesBullishCalled 03 Sep 2026
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