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Morgan Stanley's Top Pick: Reliance Industries Poised for AI Leadership, Target Price Revealed
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Morgan Stanley Calls Reliance a 'Gem' Stock: AI Investment to Drive 28% Growth
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News18
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20-02-2026, 17:21
Morgan Stanley Calls Reliance a 'Gem' Stock: AI Investment to Drive 28% Growth
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Morgan Stanley names Reliance Industries its 'top pick', projecting a 28% upside.
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Reliance plans a massive 10 trillion rupees investment in AI and related operations.
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The company aims to build 'intelligence infrastructure' for AI, focusing on data centers powered by green energy.
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Mukesh Ambani's vision is to enhance India's computing capacity and make AI affordable for all.
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Reliance expects 12-18% post-tax returns from AI investments, with potential Jio Platforms IPO.
Read Full Article on News18 in Hindi
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