Buy RIL With A Target of Rs 1,200/Share: IIFL

Prayesh Jain, AVP for research at IIFL, talks to NDTV about the Q4 earnings of Reliance Industries. Earnings were better than estimate, he said. He recommends a buy on RIL with a target of Rs 1,200/share. On Cairn India, he has a 'reduce' rating.

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