Jefferies initiates coverage on Reliance with buy rating, sees 25% upside
MUMBAI: Jefferies has initiated coverage on with a buy rating and a target price of Rs 2,600 as it sees the oil-to-telecom conglomerate as a proxy for India’s consumption growth story. The brokerage said that a transition from B2B to B2C and a potential stake sale in the O2C business will usher in the next … Read more