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CLSA upgrades RIL, Price target 850

, September 9, 2012, 0 Comments

Institutional Brokerage firm CLSA today has upgraded Reliance Industries Ltd (RIL) to outperform. It has raised price target from 790 to 850 per share.

One of the key trigger for the upgrade are Approval from Government that would result in to upgraded reserves  and earning visibility.