Buy Reliance Industries, target Rs 946: Dharmesh Shah

Dharmesh Shah of ICICI Direct has a buy call on Reliance Industries with a target price of Rs 946.

The current market price of Reliance Industries is Rs 901.05.

Time period given by the analyst is 'Intra Day' when Reliance Industries price can reach defined target.

Dharmesh Shah recommended to keep a stop loss at Rs 884.


Reliance Industries, incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 5,70,783.73 Crore) operating in Miscellaneous sector.

The company’s top management includes Dr.Raghunath A Mashelkar, Dr.Shumeet Banerji, Mr.Adil Zainulbhai, Mr.Hital R Meswani, Mr.Mansingh L Bhakta, Mr.Mukesh D Ambani, Mr.Nikhil R Meswani, Mr.P M S Prasad, Mr.Pawan Kumar Kapil, Mr.Raminder S Gujral, Mr.Yogendra P Trivedi, Mrs.Nita M Ambani, Prof.Ashok Misra, Prof.Dipak C Jain.

The company has Rajendra & Co. as its auditors.

As on 31-12-2017, the company has a total of 6,333,503,519 shares outstanding.