Reliance Industries jump 3%: CLSA sees highest upside at ₹1,800, brokerages upbeat on Jio IPO, AI and new energy plans

Reliance Industries Ltd (RIL) shares surged nearly 3 per cent in early trade on Monday after the conglomerate outlined new growth initiatives at its annual general meeting (AGM), including the proposed initial public offering (IPO) of Jio, expansion of artificial intelligence (AI) capabilities and progress in its new energy business.