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Reliance Industries

By VK Sharma 

Wednesday, February 20, 2013

According to VK Sharma, Head Private Broking & Wealth Management at HDFC, long-term investor not only needs to hold Reliance Industries but also should accumulate at the current levels.

Sharma said that he can sense all the awaited events like the price rise by 2014, the launching of 4G service by Reliance by the middle of 2014. He also predicted the next 12-18 months to be crucial for Reliance.keeping all these in mind, the long term investors should hold the stock and also stand strong in the present levels.

At present Reliance Industries is being traded at 874.80. Its 52 week high is 955.00 and 52 week low has been 673.05.

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