Archive · 3 Sep 2025
Morgan Stanley: Reliance Industries to Gain from China's Cuts
Imagine a big company, Reliance Industries, like a giant store.
Morgan Stanley, a financial expert, thinks this store will do really well because China is trying to stop too many companies from making the same things, like solar panels.
China's plan should help Reliance because it's building its own solar business.
Reliance is also working on new types of energy and artificial intelligence (AI).
The expert thinks Reliance's new projects are worth a lot of money.
Reliance's boss said the company will keep making energy and make plans to make new things.
Reliance plans to make its phone company, Jio, available for purchase in 2026.
Morgan Stanley sees Reliance Industries as a major beneficiary of China's overcapacity cuts.
The brokerage raised its price target for RIL to ₹1,701.
China's anti-involution policies are expected to boost Reliance's solar and energy business.
Reliance is creating a fully integrated solar supply chain in India.
Jio IPO is planned for the first half of 2026.
- Who
- Morgan Stanley analysts and Reliance Industries Ltd (RIL)
- What
- Assessing Reliance Industries' potential gains from China's measures to curb overcapacity and restructuring efforts.
- When
- The analysis was released recently, referencing Reliance's AGM on August 29.
- Where
- India and China
- Why
- To determine the impact of China's anti-involution policies and RIL's restructuring.
- Company
- Reliance Industries Ltd (RIL)
- Analyst
- Morgan Stanley
- Price Target
- ₹1,701
- Potential Upside
- 24.4 percent
- Focus
- New energy and AI investments
- Jio IPO
- First half of 2026