Reliance hits new 52-week high after broker reaffirms buy rating

Reliance reached a fresh 52-week high after Jefferies reaffirmed a buy rating, highlighting its strong earnings and diversified growth prospects.

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Reliance hits new 52-week high after broker reaffirms buy rating

Reliance hits new 52-week high after broker reaffirms buy rating
Shares of Reliance Industries Ltd (RIL) surged to a fresh 52 week high of ₹1,580.90 following a bullish note from global broker Jefferies, which reiterated a “Buy” rating with a target price of ₹1,785. The firm cited strong earnings outlook, steady growth across refining, retail, and digital businesses, and robust cash flows as key drivers. 
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