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Citi projects up to 17% upside for Reliance Industries driven by higher Jio valuation

Citi has reiterated its Buy rating on Reliance Industries, raising the target price by 17% on the back of a higher valuation for Jio and value accretion from Reliance Consumer Products following its demerger. The brokerage now sees significant upside potential in RIL shares.

By Finblage Editorial Desk

4:45 pm

3 December 2025

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This article is compiled from publicly available information, including company disclosures, stock exchange filings, regulatory announcements, and reports from global and domestic financial publications. The content has been editorially reviewed and enhanced by the Finblage Editorial Desk for clarity and investor awareness purposes only.

All information provided on Finblage is strictly for educational and informational use and should not be considered as financial, investment, legal, or professional advice. Readers are advised to conduct their own independent research and consult a certified financial advisor before making any investment decisions. Finblage shall not be held responsible for any losses arising from the use of information published on this website.

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