New Delhi, July 4 -- New energy, AI infrastructure and funding from existing energy verticals of Reliance Industries Ltd will be key for the Indian conglomerate's next leg of value creation, Morgan Stanley has said in a report.
Besides, consumer vertical multiples of Reliance are also supportive for the value creation, multinational investment bank Morgan Stanley said in its July 3 report.
"We see new energy + AI infrastructure as key to this journey, with funding from the existing energy vertical, which also should surprise on earnings. Consumer vertical multiples are supportive," the report said.
The report analysed how Reliance Industries can achieve the next USD 50 billion in value creation.
The pathway from a USD 240 billion+ mar...
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