Buy Reliance Industries; target of Rs 1442: KR Choksey

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

KR Choksey's research report on Reliance Industries

Reliance Industries Ltd (RIL) reported net profit of INR 94,590 mln (up 17.5% YoY and 0.1% QoQ). Under the refining segment, the GRM’s of $11/bbl were in-line with market expectations. It outperformed benchmark Singapore Complex margins by $4/bbl. Consolidated revenues for the quarter increased by 17.2% QoQ and 29.3% YoY to INR 12,01,430 mln for the quarter ending March as against INR 9,28,890 mln in year-ago period.

Outlook
We recommend BUY with the target price of INR 1,442/share based on SOTP methodology.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More