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Reliance jumps 6% in 3 days; Morgan Stanley sees 38% upside
short by / on Tuesday, 16 June, 2026
Reliance Industries shares have risen 6% in three sessions, adding over ₹1 lakh crore to the company's market capitalisation ahead of its AGM. Morgan Stanley maintained its 'Overweight' rating with a target price of ₹1,803, implying a 38% upside. The brokerage cited stronger O2C earnings, new energy monetisation and AI opportunities as key growth drivers.
read more at Finology