24 Feb 2026 | 5 Mins Read
Morgan Stanley Raises Stock Target for Reliance Industries
Flipitmoney
Morgan Stanley maintained an Overweight rating on Reliance Industries with a target price of about ₹1,847, implying 20% upside. The brokerage expects value unlocking from its $80 billion investments as energy, telecom and consumer businesses turn free-cash-flow positive. Refining upcycle, ARPU hikes, retail recovery and new-energy ramp-up are key 2026 catalysts.