RIL Shares Set to Soar: Bernstein, Jefferies Predict Up to 36% Upside

Global brokerages are upbeat on Reliance Industries Limited shares as Bernstein and Jefferies turned positive on the stock following its recent downfall. The two firms predict an upside of up to 36% and expect Reliance to show strong growth in its telecom, retail, and energy businesses. The analysts feel that correction is an attractive entry point for investors as RIL has strong fundamentals and diversified portfolio that could boost confidence. This bullish view has revived the interest of investors in one of India's leading conglomerates. 

Source: Economic Times.