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UBS retains #39;buy#39; tag on Reliance Industries with 27% upside, expects strong performance across segments

UBS expects RIL to return over 27 percent from current market price. It expects Reliance to report Q3 FY23 EBITDA of Rs 34,100 crore up 15 percent YoY and 9 percent QoQ, with sequential earnings expansion across energy and consumer businesses.

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