Reliance’s 4th monetisation wave: Is Ambani’s $80 billion post-Covid capex about to pay off?
Billionaire Mukesh Ambani’s Reliance Industries (RIL) is stepping into its most ambitious monetisation cycle yet—a fourth wave designed to extract returns from a staggering $80 billion capital blitz deployed since Covid, with Dalal Street betting this time will be different: no balance-sheet stretch, no leverage spiral, just pure cash-flow momentum driven by 5G dominance, AI-powered data centres, a global refining renaissance and new energy scale-up.
