
Key facts: Morgan Stanley boosts Reliance target; firm enters nuclear sector; SIL brand launched

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Morgan Stanley raised Reliance Industries' price target to ₹1,847, indicating a 20% upside. Earnings estimates for FY26 to FY28 increased by 1 to 4%, driven by growth in refining and retail.1Reliance Industries will invest in India's nuclear power sector after a new bill allows private firms to fully own and operate nuclear plants, ending government control.2Reliance Consumer Products launched the SIL brand on December 16, 2025, offering noodles, jams, ketchups, sauces, and spreads, with prices starting at ₹5 for noodles and ₹1 for ketchup.3
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