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New Energy another multi-decade growth engine for RIL: Goldman Sachs

As a strategy, Goldman Sachs expects RIL to focus first on the domestic markets given tariff and non-tariff protection, capex incentives and demand creation through regulatory support

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Reliance Industries | RIL stock | Mukesh Ambani

Puneet Wadhwa  |  New Delhi 



RIL
RIL

Reliance Industries’ (RIL’s) approach to net zero emissions with a hyper integrated model spanning solar battery and hydrogen value chain has caught the attention of most analysts. In a December 7 report, analysts at Goldman Sachs have reiterated a 'buy' rating on the stock with a 12-month target price of Rs 3,185 - up nearly 34 per cent from the current levels.

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First Published: Tue, December 07 2021. 10:50 IST

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