Reliance industries stock- A perennial laggard

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Drpkabbu, Jul 18, 2016.

  1. Drpkabbu

    Drpkabbu New Member

    Joined:
    Aug 15, 2015
    Messages:
    7
    Likes Received:
    0
    Reliance industries, even after posting such a good results is down today . Many brokerage houses giving 30% upside.With reliance Jio launching soon, Is it a buy ,hold or sell at at this level?
     
  2. kharb

    kharb Well-Known Member

    Joined:
    Aug 15, 2015
    Messages:
    996
    Likes Received:
    721
    If market has to go up,RIL need to perform.I expect 50% return in next 2 years.But I am not recommending the stock.
     
  3. Drpkabbu

    Drpkabbu New Member

    Joined:
    Aug 15, 2015
    Messages:
    7
    Likes Received:
    0
    Got your point sir .But market has moved up for last 4-5 years without reliance participating
     
  4. Ajayyan

    Ajayyan New Member

    Joined:
    May 20, 2016
    Messages:
    13
    Likes Received:
    2
    Not only RIL all Ambani's (both) companies are giving negative returns. Since the Rel power IPO investors lost confidence on both brothers.
    They are concentrating making big bunglows and palaces for themselves and investors interest had been neglected for long years other than giving few 10 paise coins as dividend
     
  5. Epicram

    Epicram Member

    Joined:
    Jun 23, 2016
    Messages:
    75
    Likes Received:
    14
    Very correct information on this stock, want more details on this.
     
  6. kharb

    kharb Well-Known Member

    Joined:
    Aug 15, 2015
    Messages:
    996
    Likes Received:
    721
    I predicted 50% return in two years,but 50% return are already there in just one year .
     
    wild_hipman and Srouta Mukherjee like this.
  7. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

    Joined:
    Mar 28, 2015
    Messages:
    1,869
    Likes Received:
    754
    Congrats for Sooper gains. Excellent conviction is there.
     
    kharb likes this.
  8. Ravikumar

    Ravikumar Active Member

    Joined:
    Nov 3, 2015
    Messages:
    195
    Likes Received:
    82
    Congratulations...
     
    kharb likes this.
Loading...