RELIANCE INDUSTRIES ,RIPE FOR UP MOVE AFTER LONG UNDER PERFORMANCE ?

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by kharb, Jan 13, 2016.

  1. G_One

    G_One Member

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    Airtel has added more subscribers in may.jio has lost 29% of user base as per trai reports. Another large percentage of jio sims are inactive after april. So like I said, Jio is not going anywhere till they get their call quality and network service available everywhere reliably.

    If they do a jio with RIL, this will be the next adag group.

    Cheers
    G1
     
  2. kharb

    kharb Well-Known Member

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    Jio is fastest 4G network in India as per latest data by TRAI ,you go and see,which is testimony of Quality of Jio.I have 4 G Of both Rel Jio and Air Tel,but I use Rel Jio due to Good Quality and Air Tel is stand by with poor user experience of 4 G by me .Other members as users of 4G data can also comment.
     
  3. starry_eyes

    starry_eyes Member

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    For me it is good old Vodafone... clearly the best irrespective of what TRAI publishes or Airtel ad claims.

    Now waiting for TRAI to favourably dispose and fix floor price for calls and data. Use Jio only because it is mufat!!!
     
  4. shakti khanduri

    shakti khanduri Active Member

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    I foresee fierce battle for the leadership between these two- one is financial behemoth,other is aggressive and dynamic promoter.
     
    Last edited: Jun 16, 2017
  5. G_One

    G_One Member

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    There were 2 jio sims at home, my airtel was faster, had better call quality. So it depends on place to place. Overall, JIO was free people used, now they have to pay, so there will be a slowdown which is expected.
     
  6. kharb

    kharb Well-Known Member

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    Congratulations to all shàre holders ,RIL hit fresh 52 weak high today .
     
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  7. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Congrats to all :)
     
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  8. kharb

    kharb Well-Known Member

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    Congratulations to all RIL share holders for up coming bonus 1:1.Bonus represents company confidence to service enlarged equity and I expect stock to trade above 1000 ex bonus in few months.Free mobile 4 G Phone ( ₹1500 refundable after three years )will revolutionize low cost Indian market and Rel Jio is trying to address market of aprox 50 Crore 2G users with this move.This will ensure upgradation of 2G users to Rel Jio 4G ,ensure single Rel jio SIM and customer for next three years . By that time Rel Jio experience will ensure continuity.A master stock indeed.In India where bottom 70% of listed compnies has less than 100 Crore annual profit,RIL has profit of 100 Crore a day and moving up.RIL has doubled investers wealth every two and half year for decades since listing and in my view it can still double it in next two and half year again ( may even take extra year due to large base but I hope it will be less then five years) on strength of Rel Jio and Rel Retail which may be leaders in their respective fields after such time.So to me RIL remain outperform rank in Nifty index and would like to keep it in my portfolio..This post is no recommendation to buy the stock but for discussion.
     
    Last edited: Jul 23, 2017
  9. kharb

    kharb Well-Known Member

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    Reliance has enough steam to outperform market and can prevent index from falling when wider market is in correction mode. REL JIO AND REL RETAIL should drive future growth in profits now onwards. I am still bullish on it, no recommendation , I am invested in it.
     
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  10. kharb

    kharb Well-Known Member

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    Reliance market cap hits 100 BILLION US DOLLAR. A dream run for a mega cap stock like RIL. Congratulations to all share holders , party is still on.
     
    Last edited: Jul 12, 2018
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  11. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Sooper stock picking congrats :)
     
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  12. kharb

    kharb Well-Known Member

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    RIL market cap hit 8 Billion USD. Largest holding in my portfolio and don't plan to sell it before it hits 20 Billion USD market cap.
     
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  13. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    COngrats big conviction is there in stock it may be big multibagger. Hope for best :)
     
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