{"id":519859,"date":"2022-09-06T09:59:29","date_gmt":"2022-09-06T04:29:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=519859"},"modified":"2022-09-06T10:49:31","modified_gmt":"2022-09-06T05:19:31","slug":"rils-current-investment-cycle-less-aggressive-says-morgan-stanley","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rils-current-investment-cycle-less-aggressive-says-morgan-stanley\/","title":{"rendered":"RIL&#8217;s current investment cycle less aggressive, says Morgan Stanley"},"content":{"rendered":"<p>Global brokerage house Morgan Stanley has described Reliance Industries\u2019 (RIL\u2019s) current investment cycle as less aggressive, saying it will reduce the cost of the company\u2019s equity.<\/p>\n<p>In a report released on Monday, the brokerage has raised its price target on the stock to Rs 3,085, from the earlier target of Rs 3,015, saying the firm is its top pick.<\/p>\n<p>The RIL stock closed trade at Rs 2,570.25 apiece on Monday, up 1.6 per cent over Friday\u2019s close on the BSE. The stock was up 2 per cent in intraday trade, following release of the report.<\/p>\n<p>\u201cLower competition in telecommunications (telecom) makes earnings predictable and the retail business is witnessing steady growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global brokerage house Morgan Stanley has described Reliance Industries\u2019 (RIL\u2019s) current investment cycle as less aggressive, saying it will reduce the cost of the company\u2019s equity. In a report released on Monday, the brokerage has raised its price target on the stock to Rs 3,085, from the earlier target of Rs 3,015, saying the firm is its top pick. The RIL stock closed trade at Rs 2,570.25 apiece on Monday, up 1.6 per cent over Friday\u2019s close on the BSE. The stock was up 2 per cent in intraday trade, following release of the report. \u201cLower competition in telecommunications (telecom) [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-519859","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519859","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=519859"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519859\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=519859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=519859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=519859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}