I share the same thought with reliance but could not resist buying JD at 4600cr mcap with 3900cr in cash. All ad spending moving to digital, and they planning to build b2b marketplace. Will wait till 2025 and will make an exit if no business improvement or reliance’s interest (direct interest like one of their family member on board) in business. Till date they have not shown any interest.
Journey for next one year should be ok, with not much risk to investment.
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