$100-bn mcap addition to RIL likely: Morgan Stanley

New Delhi: Reliance Industries Ltd (RIL) can add up to $100 billion to its market capitalisation(mcap) in its fourth monetisation cycle this century as new cash flow streams emerge and valuation multiples catch up, Morgan Stanley said in a report.On last Friday, the mcap of RIL rose by Rs1,52,264.63 cr to Rs21,18,951.20 cr (Rs21.19 lakh … Read more