Reliance Share Price | Expert gives BUY rating to Reliance Industries share, will get strong returns – NSE: RELIANCE
Reliance Share Price | The stock market rose on Tuesday 26 November (NSE: RELIANCE)On Tuesday, the stock market Nifty rose 121 points to 24,343, while the stock market Sensex rose 305 points to 80,415. On Tuesday, the stock market Bank Nifty opened 347 points higher at 52,555. The stock was trading 0.031 per cent higher at Rs 1,286.60 on Tuesday, November 26. (Reliance Industries Company excerpt)
RIL Brokerage Firm – BUY Rating
Reliance Industries Ltd shares rose 3 per cent to Rs 1,304.45 on Monday but fell marginally on Tuesday. RIL brokerage firm has given BUY rating to Reliance Industries Limited share. RIL brokerage firm has given a target price of Rs 1,530 for Reliance Industries Limited shares.
Experts gave positive indications
Citi brokerage firm in its report has mentioned Jio's strong position with refining margins. The Citi brokerage firm estimates that Reliance Jio may increase data prices or take advantage of its growing 5G network, which will strengthen Reliance's leadership in India's telecom sector.
The stock gave a return of 4,765.90%
Reliance Industries shares have given 5.32% return in the last five days. The stock has declined 3.33% in the past month. The stock has declined 12.02% in the last six months. Reliance Industries shares have given 7.75% returns in the last one year. Reliance Industries shares have given 67.90% returns in the last five years. The stock has also declined 0.40% on a YTD basis. However, the stock has given 4,765.90% returns to long term investors.
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