| Brokerages | Recommendation | Target Price | Upside% |
| Emkay | BUY | Rs 1,550 | 33.1% |
| PL Capital | BUY | Rs 1,490 | 27.9% |
| Equirus Securities | LONG | Rs 1,537 | 31.9% |
| Motilal Oswal Financial Services (MOSL) | BUY | Rs 1,520 | 30.5% |
| Nuvama | BUY | Rs 1,703 | 46.2% |
Overall, brokerages remain bullish on Reliance Industries, with all five firms issuing positive recommendations and share price targets indicating a potential upside of 27.9 per cent to 46.2 per cent from the current market price of Rs 1,164.90. Nuvama has the highest target of Rs 1,703, implying an upside of 46.2 per cent, followed by Emkay at Rs 1,550 and Equirus Securities at Rs 1,537. Meanwhile, MOSL and PL Capital have set share price targets of Rs 1,520 and Rs 1,490, respectively.