Reliance Industries Data Update

Goldman Sachs has updated its EBITDA estimates for Reliance Industries following fine-tuned refining and petrochemical margin forecasts. The firm maintains its Buy rating and 12-month price target of Rs1,910.

Key Takeaways

• 1.Revising FY27E/28E/29E EBITDA estimates by -0.1%/-0.4%/+0.05% based on latest refining and petchem margin forecasts.
• 2.Maintaining 'Buy' rating and 12-month SOTP-based price target of Rs1,910.

Table of Contents

• Changes and Implications
• Valuation
• Key risks
• Price Target Risks and Methodology - Reliance Industries
• Disclosure Appendix
• GS Factor Profile
• M&A Rank
• Quantum
• Disclosures
• Company-specific regulatory disclosures
• Distribution of ratings/investment banking relationships
• Price target and rating history chart(s)
• Target price history table(s)
• Regulatory disclosures

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial