{"id":501883,"date":"2022-06-30T11:51:25","date_gmt":"2022-06-30T06:21:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=501883"},"modified":"2022-06-30T11:51:25","modified_gmt":"2022-06-30T06:21:25","slug":"bernstein-raises-ril-target-on-strength-in-all-segments","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bernstein-raises-ril-target-on-strength-in-all-segments\/","title":{"rendered":"Bernstein raises RIL target on strength in all segments"},"content":{"rendered":"<p>Mumbai: Bernstein has upgraded its target price on oil- to-telecom conglomerate Reliance Industries NSE 0.66 % to \u20b93,360 from \u20b92,830 with an outperform rating citing strength across all business segments. Shares of Reliance NSE 0.66 % Industries ended up 2% at \u20b92,579 on Wednesday.<\/p>\n<p>The foreign brokerage said Reliance Industries&#8217; refining margins could rise to record levels of $25.5 per barrel against $9.8 per barrel in FY22 with supply shortages and lower feedback prices. Bernstein said Reliance has also taken advantage of Russian crude but that may not be a sustainable factor due to increased scrutiny.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Bernstein has upgraded its target price on oil- to-telecom conglomerate Reliance Industries NSE 0.66 % to \u20b93,360 from \u20b92,830 with an outperform rating citing strength across all business segments. Shares of Reliance NSE 0.66 % Industries ended up 2% at \u20b92,579 on Wednesday. The foreign brokerage said Reliance Industries&#8217; refining margins could rise to record levels of $25.5 per barrel against $9.8 per barrel in FY22 with supply shortages and lower feedback prices. Bernstein said Reliance has also taken advantage of Russian crude but that may not be a sustainable factor due to increased scrutiny.<\/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":[130,191,136],"tags":[],"class_list":["post-501883","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/501883","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=501883"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/501883\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=501883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=501883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=501883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}