Bernstein has maintained its ‘outperform’ rating on Reliance Industries but has a reduced target price of Rs 1,520 (+22%) from Rs 1,720 earlier. Analysts feel with a difficult 2024 behind it, there's a favourable set up for RIL into 2025. They believe 2025 will see a recovery cycle for Reliance led by Jio ARPU increase of 12%,... read full story