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Reliance trades at Rs 2,463.10 a share, Jefferies sees 42% upside on inexperienced hydrogen enhance

Reliance trades at Rs 2,463.10 a share, Jefferies sees 42% upside on green hydrogen boost “Preliminary incentives of Rs 19,740 crore is simply a starting and is dwarfed by subsidies introduced by the US and the EU. Any significant capital subsidy to RIL ought to assist $ 8 billion valuation of its inexperienced H2 foray,” Jefferies mentioned.