Analysts still see major upside for Reliance

Even in a shaky market, Reliance is holding strong thanks to its smart mix of non-crude feedstocks and rising petrochemical prices.
If you're tracking big Indian companies or thinking about investing, it's worth noting that analysts still see major upside — Motilal Oswal has kept a "Buy" rating with a target price of ₹1,750 (that's 26% higher than today).

Stock's fundamentals looking solid right now

Reliance just posted an increase in quarterly profit, analysts say stronger refining and petrochemical margins could boost its O2C earnings.
The company's diverse approach helps cushion against global volatility and refinery cuts in Asia.
While the stock faces some technical resistance ahead, its fundamentals are looking solid right now.