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Reliance can become a $100-billion stock: Goldman Sachs
16 Aug 2012, 01:43 PM IST i


Goldman Sachs says Reliance Industries can potentially become a $100 billion stock by fiscal 2017 from its current market capitalization of around $46.6 billion.To accomplish that, Goldman says Reliance needs to get government approvals on investments and gas prices, restrict its focus to core businesses, and return some of its surplus cash in the form of dividends or buybacks, among other measures.Investor concerns such as on return...
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