RIL at Rs 3,200? Here’s what foreign and domestic brokerages said post the company’s AGM
BofA Securities also maintained a buy rating on RIL with a target of Rs 2,805. The stock closed at Rs 2,596 after the AGM on August 30. The risk-to-reward is in favour at current levels, it said, adding that the focus of the company has shifted more on capex, and there is limited visibility on value unlocking events.
