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Reliance target jumps to Rs 1910 as Goldman and others spot hidden upside after a 13% dip
Business
Published on 28 April 2026

Brokers see upside from Jio IPO and chemicals rebound
Reliance Industries is back in focus as multiple global brokerages lift price targets, even after the stock dipped about 13%. Goldman Sachs’ latest raise to Rs 1,910 highlights optimism around a recovery in the oil-to-chemicals business, expectations for the Jio IPO, and Reliance’s integrated downstream strengths in a market that’s tightening.
- Goldman Sachs raised Reliance’s target price to Rs 1,910
- Other brokerages predict meaningful upside despite a recent 13% fall
- Focus areas include oil-to-chemicals recovery and the upcoming Jio IPO
- Analysts cite Reliance’s integrated downstream edge
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
