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RIL shares jump 6% in 3 days, market cap soars by Rs 1 lakh cr ahead of AGM. Why Morgan Stanley still sees 38% upside

As reported by Stocks-Markets-Economic Times
Reliance Industries has added over Rs 1 lakh crore in market value in just three trading sessions ahead of its closely watched AGM. Despite the recent rally, Morgan Stanley sees another 38% upside, betting on stronger O2C earnings, new energy monetisation, AI opportunities and attractive valuations.
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Reliance Industries shares have surged by 6% in the last three trading sessions, pushing its market capitalization up by over Rs 1 lakh crore. This rally comes ahead of its highly anticipated AGM. Despite the recent gains, Morgan Stanley maintains a bullish outlook, forecasting…

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