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Reliance Industries Ltd: Shares hits fresh 52-week high as Jefferies reaffirms 'buy' - key factors driving the bullish stance

Reliance Industries' shares hit a new 52-week high after Jefferies reiterated its Buy rating, citing strong double-digit growth across its digital, energy, and retail businesses. The brokerage highlighted tailwinds from festive demand, expanding FMCG operations, and firm refining margins, projecting significant upside for the stock.