CLSA, Edelweiss downgrade Reliance Industries
Reliance Industries’ (RIL) shares, which have been leading the rally in benchmark indices recently, were downgraded by two prominent brokerages on Tuesday. Edelweiss downgraded the stock to ‘hold’ with a target price of Rs 2,105 while CLSA downgraded it to ‘buy’ from ‘outperform’ while raising the target price to Rs 2,250 to factor in high … Read more