Reliance Ind has 10% upside: V Kapoor

Vibhav Kapoor of IL&FS Investmart is of the view that Reliance Industries has 10% upside from here.
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Dec 10, 2008, 08.53 PM | Source: CNBC-TV18

Reliance Ind has 10% upside: V Kapoor

Vibhav Kapoor of IL&FS Investmart is of the view that Reliance Industries has 10% upside from here.

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Reliance Ind has 10% upside: V Kapoor

Vibhav Kapoor of IL&FS Investmart is of the view that Reliance Industries has 10% upside from here.

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Vibhav Kapoor of IL&FS Investmart is of the view that Reliance Industries has 10% upside from here.

Kapoor told CNBC-TV18, "A similar situation there also given the fact that it is a commodity sort of stock in one way because as oil prices keep on going down, it has a negative impact on refining margins as well as petrochemicals. So, I think the same situation holds there. The stock has been oversold. It is a leader, so if the market goes up, it will tend to rally a little more. So, I would say again another 10% from here wait till that happens. Let the market show signs of peaking out and then book your profits or reduce your positions."

Share Price Movement During The Last 12 Months
Period Price Latest Price Gain/Loss (Rs.) % Gain/Loss
3-Days 1159.30 1227.20 67.90 5.86
5-Days 1074.65 1227.20 152.55 14.20
7-Days 1109.05 1227.20 118.15 10.65
15-Days 1144.95 1227.20 82.25 7.18
1-Month 1303.05 1227.20 -75.85 -5.82
3-Month 2132.15 1227.20 -904.95 -42.44
6-Month 2163.10 1227.20 -935.90 -43.27
9-Month 2273.20 1227.20 -1,046.00 -46.01
1-Year 2822.50 1227.20 -1,595.30 -56.52

 

 

 

 

 

 

 

 

 

 

Currently -62.26% below the 52-week high of 3,252.10
Currently 31.96% above the 52-week low of 930.00


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Reliance Ind has 10% upside: V Kapoor
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