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Brokerages bullish on RIL, expect stock to gain up to 38%

2023-03-28 02:31:01| The Economic Times

The current valuations of Reliance do not assume any value for its new energy and new commerce businesses, foray into the fast-moving consumer goods business, while reflecting investor concerns around the growing debt in the company, slow growth in the retail business and a rise in the capital expenditure, said analysts.


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