{"id":426397,"date":"2021-07-17T11:17:17","date_gmt":"2021-07-17T05:47:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=426397"},"modified":"2021-07-17T11:17:17","modified_gmt":"2021-07-17T05:47:17","slug":"bernstein-values-ril-green-biz-at-36-bn-may-add-rs-395-to-stock","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bernstein-values-ril-green-biz-at-36-bn-may-add-rs-395-to-stock\/","title":{"rendered":"Bernstein values RIL green biz at $36 bn, may add Rs 395 to stock"},"content":{"rendered":"<p>NEW DELHI: Reliance Industries NSE 1.44 %&#8217; recent announcement of investments in low carbon energy could build a clean energy business worth $36 billion, Bernstein said in a note.<\/p>\n<p>At present, most clean energy companies trade at 2-3 times price-to-sales. Based on Reliance&#8217;s capex plans for clean energy, the business may add Rs 395 per share to Reliance&#8217;s stock, Bernstein said while upping its price target for the stock to Rs 2,830 from Rs 2,470.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Reliance Industries NSE 1.44 %&#8217; recent announcement of investments in low carbon energy could build a clean energy business worth $36 billion, Bernstein said in a note. At present, most clean energy companies trade at 2-3 times price-to-sales. Based on Reliance&#8217;s capex plans for clean energy, the business may add Rs 395 per share to Reliance&#8217;s stock, Bernstein said while upping its price target for the stock to Rs 2,830 from Rs 2,470.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-426397","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/426397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=426397"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/426397\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=426397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=426397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=426397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}