16 Sep 2025 | 3 Mins Read
Citi sees no discount concern for Reliance Industries holding company
Flipitmoney
Citi maintained its 'Buy' rating on Reliance Industries with a price target of ₹1,690 per share, citing reduced concerns over a holding company discount for Jio Platforms due to SEBI's changes in listing requirements. Citi believes the relaxed minimum public offer and shareholding rules make a large IPO feasible and reduce liquidity disruption.