RIL's new energy bets could unlock $60 bn in value: Morgan Stanley

Morgan Stanley has updated its forecast, assigning significant value to Reliance's New Energy and AI businesses by July 2025. This revised valuation highlights the increasing importance and potential of Reliance's diversified ventures beyond its traditional oil and gas business. Morgan Stanley's assessment underscores the market's recognition of Reliance's aggressive push into green energy, including solar and hydrogen, and its strategic investments in artificial intelligence, positioning these segments as key drivers of future growth and value creation for the conglomerate, indicating a positive long-term outlook.