Brokerage firm CLSA has retained its buy rating on India s biggest company Reliance Industries Ltd and increased target price to Rs 3060 a share, up 23 percent from its current market price.
Reliance Industries: Having got into the right technology partnerships, RIL capex should pick up from 2024 with visible new energy additions coming in from FY25, CLSA said.
India Business News: RIL is concentrating on augmenting the efficiency of its modules, aiming to elevate the Heterojunction Technology (HJT) module efficiency from the pre
Reliance Industries (RIL) plans to commission the first phase of its 20 GW solar photovoltaic giga factory in Jamnagar by March 2024. The factory will be commissioned in four phases of 5 GW each, and after the first phase, it will be scaled up to 10 GW and then to 20 GW by 2026.