Search+Investment IdeasCiti, Motilal Oswal back Cipla and RIL with 25% upsideSynopsisBrokerages remain bullish on Cipla and Reliance Industries, citing strong growth drivers and attractive valuations. Citi highlights regulatory catalysts and respiratory recovery for Cipla, while Motilal Oswal sees Jio IPO-led value unlocking and digital growth supporting RIL. Both stocks carry ‘Buy’ ratings with over 25% upside potential.Brokerages remain constructive on select large-cap names despite ongoing market volatility, with both Citi and Motilal Oswal highlighting strong long-term growth drivers and attractive valuations.While Citi sees Cipla benefiting from regulatory approvals, a recovery in its respiratory portfolio and potential USFDA-related catalysts, Motilal Oswal believes Reliance Industries is well positioned for value unlocking through the anticipated Jio IPO BYETMarkets.com 4 mins readJun 22, 2026, 09:49:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership