Q.
I have 300 shares @ rate of rs.745.00 of reliance communication for long term investment period of one year.pl advice
About: Company: Reliance Communications Ltd.
Asked by priti patel,
02 Feb '08 06:05 pm
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Answers (2)
1.
You have invested in a good company but you entered at higher price. Nothing to worry.
The company is now having GSM licence also and next two years lot of investment the company is making to roll out all india GSM services.
Its foreign subsidiary Flag Telecom expanding globally and its listing in foreign brouses, shall take the price of RCOM to newer heights in the long run. All long term investors shall benefit.
Answered by Satyanarayana Tumuluri, 02 Feb '08 06:16 pm
The company is now having GSM licence also and next two years lot of investment the company is making to roll out all india GSM services.
Its foreign subsidiary Flag Telecom expanding globally and its listing in foreign brouses, shall take the price of RCOM to newer heights in the long run. All long term investors shall benefit.
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2.
u r buy right prise but market is down moment dont very only 2 months cross Rs.900
Answered by vikas mittal, 03 Feb '08 12:50 am
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