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Buy Reliance capital
This article was posted on May 21, 2008
Buy Reliance capital. Current market price: 1340.
Reliance Capital is one of India’s leading and fastest growing private sector financial services companies, and ranks among the top 3 private sector financial services and banking groups, in terms of net worth.
The Reliance Anil Dhirubhai Ambani Group is one of India’s top 3 business houses, and has a market capitalisation of over Rs.2,90,000 crore (US$ 75 billion), net worth in excess of Rs.40,000 crore (US$ 10 billion), cash flows of Rs. 9,000 crore (US$ 2.2 billion), net profit of Rs. 5,000 crore (US$ 1.3 billion) and zero net debt.
Call given on 21-05-08
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