Reliance Industries Ltd's investments in new energy and artificial intelligence (AI) infrastructure are set to drive a projected $50 billion increase in the firm's market value, according to Morgan Stanley analysts. The oil-to-telecom-and-retail conglomerate, helmed by billionaire Mukesh Ambani, is gearing up for its next phase of value creation. Currently valued at over $240 billion, Reliance's future growth hinges heavily on scaling its diversified verticals, particularly in new energy and AI.