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Monday, July 24, 2017

Reliance: After Bonus just wait and watch

Reliance's past history have shown the stock to correct itself after a bonus but this time, RIL has left its investors yearning for more.
Market analyst are of the opinion that there is lot more left on RIL platter, which has gained over 46 percent since the beginning of this year.
Multiple factors that are leading to this optimism- Reliance's strong showing during the first quarter of this year led by the core segments and the fact that most of its big (profitable) investments are complete and have already started yielding results.
Its consumer business is expected to grow in importance and would mark a major shift.

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