Reliance Industries shares rise 1.3% as analysts predict Q1 growth, Jio subscriber gains, and a potential IPO boost to stock.

• CLSA forecasts RELI businesses to improve in Q1, with Jio adding 9-10 million subscribers, up from 6 million.
• Morgan Stanley notes steady retail growth and higher stock price from recent stake sales, rating RELI a "buy".
• RELI up 21% YTD, outperforming Nifty 50's 7% rise, with a median price target at 1,565 rupees.