Reliance for buying ...

Reliance Industries Investment View 📊 RELIANCE INDUSTRIES — ACCUMULATION VIEW CMP: ~₹1,322 Buying Zone: ₹1,280–₹1,320 Target 1: ₹1,500 🎯 Target 2: ₹1,600 🎯 Target 3: ₹1,700+ 🎯 Time Horizon: 8–12 Months Reliance Industries is approaching an attractive accumulation zone after remaining well below its 52-week high. The company’s diversified exposure across Jio, Retail, O2C and New Energy provides multiple potential growth drivers, while improving refining margins could support near-term earnings momentum. The Financial Express","pub_date":1788256496,"snippet":"Jefferies projects a 33% upside for Reliance Industries, citing global refinery disruptions that have tightened fuel supplies. Conflicts in the Middle East and Russia have caused approximately 4% of global refinery throughput to be lost, impacting inventories and driving up refining margins. Diesel and gasoline inventories in Europe and the US are at five-year lows, while cracks have surged to $70 and $47.3 per barrel, respectively. Reliance is well positioned to benefit from this situation, especially as its SEZ-based refinery is exempt from current windfall taxes, enabling it to capture higher refining margins. Jefferies expects Reliance’s Oil-to-Chemicals (O2C) segment to remain a strong earnings contributor into FY27 and projects a 10% compound annual growth rate (CAGR) in EBITDA from FY26 to FY29. Additionally, ongoing petrochemical disruptions in the Middle East have led to a 64% increase in average margins for polyethylene, polypropylene, and PET. Jefferies notes that Reliance trades over one standard deviation below its historical EV/EBITDA average, suggesting a favorable risk-reward scenario and potential for stock re-rating as earnings growth. Strategy: ACCUMULATE ON DIPS Buying Zone: ₹1,280–₹1,320 Targets: ₹1,500 / ₹1,600 / ₹1,700+ Horizon: 8–12 Months Risk: Moderate ⚠️ This is an educational market view, not personalized investment advice. Targets are potential levels and are not guaranteed. Investors should consider their own risk profile and use appropriate risk management.