The Third Eye: Reliance Industrial Infrastructure

May become RIL's Infrastructure arm
Reliance Industrial Infrastructure(RIIL) scrip is showing good strength on the charts based on a positive news flow. Investment Guru blog has reported on 12th January that Reliance Industries has announced to take a controlling stake in the RIIL. The stock was also highlighted in the Trader Insight Blog .

Since the announcement of Reliance taking control of the company, the stock price has zoomed from Rs.290 to Rs 355 at end of today's session. The company has announced good results and the going is get to be even more attractive for the future.

The stock is also being accumulated at lower levels for long term appreciation. Reliance Industries may eventually use this company for its foray into Infrastructure given its interest into SEZ's and other retai space.

Investment Guru recommends investors to consider RIIL as a stock which would show considerable strength in the coming months.

9 comments:

Anonymous said...

Dear sir,
The stock is on fire after your reco.

Pl. advice if we can enter even at these level?

Anonymous said...

Rel infra is locked on upper circuit for second day in the row!!

Anonymous said...

remebered ...
buy ESCORTS(@80 - Target is 130) and SUNFLAG IRON and STEEL (@14 - Target is 36)


---- tips before 2 days and escorts is 89 now

Anonymous said...

wow! Rajesh, The new look of your blog is awesome. You are really doing a great job Sir !

abhinav said...

hi rajesh,
Please suggest some stocks that can be invested in at current levels,just if u can think of something.

regards
abhinav

Anonymous said...

What Stock Exchange is your RIIL reco listed on? Does it have an ADR in the US?

lezahm@earthlink.net

Radhika said...

i want to know why riil market velue is very low plese tell me

Radhika said...
This comment has been removed by the author.
PENNY STOCKS said...

Great blog