# Goldman Sachs has raised its 12-month SOTP-based target to Rs 1,910.

*business · news · 2026-04-28 · The Economic Times*

## Key points

- Goldman Sachs raised Reliance's target price to Rs 1,910, highest among global brokerages.
- Reliance's Jio IPO draft filing may occur as early as May, seen as a near-term catalyst.
- Two-thirds of Reliance's petrochemical feedstock remains largely unaffected by recent Middle East disruptions.
- JioMart's average daily orders surged over 300% year-on-year and 29% quarter-on-quarter.

**Companies:** Reliance Industries, Goldman Sachs
**Countries:** India, United States

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/reliance-share-price-target-hiked-to-rs-1910-why-goldman-clsa-and-morgan-stanley-are-betting-big/articleshow/130569114.cms)

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