Reliance Industries Q2 Review: Motilal Oswal Cuts Target Price Despite Strongest Ebitda In 17 Quarters; Here's Why

TL;DR

• The brokerage raised its FY27E EBITDA and PAT by 8-10% and FY28 EBITDA and PAT by 4-7%, driven by improved profitability in the energy business and better margin delivery in Jio Platform.