GENERAL4 Sept 2026
RIL shares rise 2% as strong O2C growth lifts Q2 earnings outlook
RIL shares rose 2% after Nuvama kept its 'Buy' rating and set a target price of ₹1,766. That is about 36% above the last close of ₹1,301.05. The buying follows expectations of strong O2C growth lifting Q2 earnings. Investors and shareholders should watch upcoming results. But remember, a brokerage target is only one opinion. Do your own check before making any decision.
Key Statutory Highlights
- RIL shares climbed 2% after Nuvama reiterated its 'Buy' rating.
- Nuvama set a target price of ₹1,766 for RIL.
- The target suggests nearly 36% upside from the previous close of ₹1,301.05.
Actionable Advice for Taxpayers / Founders:Use this target figure as a data point, not a guarantee, and review RIL's actual results before acting.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: