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News & Press: Industry News

No upgrade for RIL despite record quarterly profit

Wednesday, April 22, 2015  
Posted by: Alisa Allen

The highest ever quarterly profits that Reliance Industries posted for Jan-March 2015 last weekend have hardly changed analysts' views towards the company, with their 12-month forward price target remaining unchanged, shows Bloomberg data. RIL's average target price of 43 analysts at Rs 1,064 has gone up just 2.8 per cent fromRs 1,035 a year ago.  

http://economictimes.indiatimes.com/markets/stocks/news/no-upgrade-for-ril-despite-record-quarterly-profit/articleshow/47007402.cms


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