InvestorQ : Sir, RIL Q2 result has met market expectations. What's your target for the share?
Nishita Gala made post

Sir, RIL Q2 result has met market expectations. What's your target for the share?

Answer
image
Sanjiv Bhasin answered.
3 years ago
Follow

Ahead of the earnings, the decision to charge 6 paise per minute to customers as interconnect user charge (IUC) was a big trigger. The stock may be fully priced for the near-term, but all declines will be buying opportunities. The stock can be a market outperformer in the slightly medium-term. We have a 'buy' recommendation on the stock with a target price of Rs 1,650.


15 Views