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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
Reliance target jumps to Rs 1910 as Goldman and others spot hidden upside after a 13% dip

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 TimesThe Economic Times

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