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Is it right time to invest in Reliance Stock?

Posted By On 12:24 AM Under
1. It is right time to invest in Reliance as the fortune of the company is going to get increased substantially with Reliance Infratel planned IPO.

2. One can expect an appreciation of the price of the stock by 30 percent and thus one can safely assume a price of 3350 for the stock in a time frame as and when the IPO for reliance Infratel gets listed. The optimism is due to fact that Anil Dhirubhai group is selling 10% stake in Reliance Infratel for Rs 6000 crores and thus their group market capital will rise by 30 % and same will be the case for Mukesh Ambani group.

3. As a rule one should not see Anil Dhirubhai Ambani group separate from Mukesh Ambani group as their divorce is to facilitate their spread of empire and has been undertaken with a keen eye.

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