Sajiv Dhawan of JV Capital Services is of the view that one can enter in Reliance communication at any sharp decline.
Dhawan told CNBC-TV18, "Reliance Communications is a stock we like. We have been bullish on the stock consistently and even at the current valuations, it does look expensive but the growth is excellent. The results have been very good and the growth potential is huge and enormous too. So, we will see profit taking coming into the stock as the market does react over a period of time but I would look to enter the stock at any sharp decline and it remains a hold."
He further added, "One has got to remember very aggressive, very smart management behind the company, which has a habit of rewarding shareholders over the longer run. So, no reason for any investor to get out of this stock."
