Overview
- RIL rose about 1% in Tuesday trade to roughly Rs 1,552–1,560, setting a new 52‑week high and taking 2025 gains to around 27%.
- The company’s market value climbed back above Rs 21 trillion in intraday dealings, outpacing broader indices over one and six months.
- JPMorgan raised its price target to Rs 1,727 with an overweight call, citing a refining margin tracker showing a quarterly jump of about $3.8 per barrel.
- Analysts expect Jio’s margin and ARPU gains to continue, with potential tariff hikes ahead of a proposed IPO, while Retail is seen sustaining double‑digit EBITDA growth after its restructuring.
- Brokerages flag near‑term new‑energy milestones, including initial revenue next fiscal and a Jamnagar battery giga‑factory targeted for early CY26, while warning that heavy capex could pressure free cash flow.