ADVERTISEMENT

Reliance can become a $100-billion stock: Goldman Sachs

Reliance can become a $100-billion stock: Goldman Sachs
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...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit