Reliance share price extends gains to fourth straight session. Time to buy the stock? (opens original article in a new tab)

Reliance Industries share price extended gains for the fourth straight session, with analysts upgrading their ratings and setting higher target prices amid improved valuation metrics and potential for recovery in key business segments.

• Reliance Industries share price rose 2% on Tuesday, extending gains for the fourth consecutive session.
• Analysts at Equirus Securities upgraded Reliance's rating to 'Long' with a target price of ₹1,586, citing attractive valuation metrics and potential for re-rating.
• Morgan Stanley maintained an 'Overweight' rating on Reliance with a higher target price of ₹1,803, citing support for O2C earnings and chemical cycle recovery.