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    HomeNewsBusinessIPORecommend investors to hold Reliance Nippon AMC: Haitong Securities

    Recommend investors to hold Reliance Nippon AMC: Haitong Securities

    In an interview to CNBC-TV18, Santosh Singh, Head of Research-India at Haitong Securities shared his views and readings on the new listing of Reliance Nippon Life Asset Management.

    CNBC-TV18
    November 06, 2017 / 10:59 IST

    In an interview to CNBC-TV18, Santosh Singh, Head of Research-India at Haitong Securities shared his views and readings on the new listing of Reliance Nippon Life Asset Management.

    According to him, Reliance Life Nippon’s initial public offering (IPO) price was good. Therefore, had valued it at Rs 17,000 crore, he added.

    He recommends investors to hold Reliance Nippon AMC.

    He further said that Reliance Capital will become a good investment if its balance sheet gets cleaner.

    Watch accompanying video for more details.

    CNBC-TV18
    first published: Nov 6, 2017 10:58 am

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