Buy Reliance Industries, target price Rs 2800: Motilal Oswal Financial Services (2024)

FAQs

What is the target price of Motilal Oswal for Reliance Industries? ›

RIL target price: Motilal Oswal ascribed an equity valuation of Rs 810 per share to RJio and Rs 1,593 per share to Reliance Retail and Rs 37 per share towards the new energy business. It suggested a 'BUY' on RIL with a target price of Rs 3,245.

Global brokerage firm Jefferies has hiked its target price on RIL to Rs 3,380 from Rs 3,140 saying that it expects 14% EBITDA growth in FY25 with Jio contributing lion's share on the back of a tariff hike. Want In-Depth Report & Analysis on RIL to make smarter buy/sell decisions? MCap (₹ Cr.)

Reliance Industries has TTM P/E ratio 28.88 as compared to the sector P/E of 10.83. There are 30 analysts who have initiated coverage on Reliance Industries. There are 10 analysts who have given it a strong buy rating & 13 analysts have given it a buy rating. 2 analysts have given the stock a sell rating.

According to the Traders Union long-term price forecast Reliance Industries (RELIANCE) can reach ₹3,198.23 by 2025, ₹4,409.28 by 2030, ₹5,700.79 by 2034.

Firm forecasts robust EBITD Compound Annual Growth Rate (CAGR) of 17% from 2024 to 2027. Over the previous decade, Reliance Industries has invested more than $125 billion in capital expenditures, mostly in the hydrocarbon and telecom sectors.

Future Growth

Reliance Industries is forecast to grow earnings and revenue by 14.7% and 8% per annum respectively. EPS is expected to grow by 14.1% per annum. Return on equity is forecast to be 10.8% in 3 years.

Intrinsic Value. The intrinsic value of one RELIANCE stock under the Base Case scenario is 2 755.45 INR. Compared to the current market price of 2 905.1 INR, Reliance Industries Ltd is Overvalued by 5%.

RIL has consistently delivered strong revenue growth, driven by its core businesses and expansion into new sectors. Why Invest: RIL's strong market presence, visionary leadership, and strategic acquisitions make it a compelling long-term investment option.

Should I buy Reliance Industries shares? ›

Nuvama Wealth Management. The brokerage firm raised its target price by 10 per cent to ₹3,500 keeping a 'buy' recommendation on the stock. It expects RIL's consumer business (digital and retail) to contribute nearly 50 per cent to EBITDA from FY25 given its strong expansion and customer base.

Yes, 2021 a good time to invest in (RIL) Reliance Industries. The financial performance of Reliance is very very good. Investigating in RIL is profitable in long term. Growth can be seen in the Balance sheet, Income statement.

Andhra Paper Ltd

The company has successfully decreased its debt levels and is close to achieving a debt-free status. Over the past five years, Andhra Paper has achieved a profit growth, with a CAGR of 42.4% and is most likely to grow further.

Infosys Ltd. key Products/Revenue Segments include Software Development Charges and Software Products for the year ending 31-Mar-2023. Motilal Oswal has buy call on Infosys with a target price of Rs 1650. The current market price of Infosys Ltd. is Rs 1420.55.

Buy GAIL (India); target of Rs 215: Motilal Oswal.

What is the target price of Reliance Industries in 2040? The Reliance share price target for 2040 runs from a low of ₹ 39,000 to a high of ₹ 45,000.