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Q.

What is the right price target on which we can enter RIL stock.I want to hold for long term atleast 10 yrs

About: Reliance Industries Ltd.

Tags: money, relationships, long term
Asked by gurpreet singh, 04 May '10 10:29 am
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Answers (5)

1.

If you are going to hold it for 10 years then any time is the right time to enter such a good fundamental stock like RIL.
Answered by debabrata, 06 May '10 12:28 pm

 
  
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2.

Ril may go back to 52 week low 825
Answered by AMAR KHAMKAR, 17 May '10 01:35 pm

 
  
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3.

Instead invest in YES bank or axis bank to get lot lot better returns then RIL....
Answered by manoj motiani, 05 May '10 12:35 am

 
  
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4.

Reliance is the master of Upcycle & Boom times. There were champions of the times when profits used to be 30% plus every year they used to invest into huge capexes building their empire on vertical downward integration n bla bla. But they have yet to learn the art of building kingdoms during downcycle, the way LNM has done. They have yet to learn the art of keeping the people with them. Most of their people are now in lucrative Gulf, Essar Oil, HMEL or other Big Corps world over. Sadly this company is only adept in managing the Ind.Gov. policies and is impossible for them to compete with the SINOPEC / PETROCHINA / PETROBRAS / GAZPROM/ RASGAS of the emerging economies leave aside the Oil biggies like Exxon mobil, Royal Dutch Shell or even BP. Even Korea's SK Corp is bigger than Reliance. So boss, answer for ur million $$$ question is: This stock has become a "Chewing Gum". & As investors have got profit in earlier eras (which are not going to return) this stk has nothing left in it. In ...more
Answered by sal windup, 14 Jul '10 11:30 pm

 
  
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5.

Expect a 2 percent return every month if u buy it today.
Answered by Manish Dubey, 30 May '10 05:41 pm

 
  
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Yes this is the time to buy ril because you will not see that kind of price again. buy it and hold it as long as you can..more

Answered by Amit