SP Tulsian positive on Reliance Capital

SP Tulsian of sptulsian.com is positive on Reliance Capital.

January 17, 2011 / 14:42 IST
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SP Tulsian of sptulsian.com is positive on Reliance Capital.

Tulsian told CNBC-TV18, "My view will remain positive on Reliance Capital because if you see that stock is probably ruling at a lowest marketcap because if you see Reliance Power, it is at a marketcap of Rs 40,000 crore, Reliance Infra at a marketcap of about Rs 17,000-18,000 crore. Reliance Capital have lot of hidden value in spite of that it is ruling with a marketcap of about maybe Rs 13,000-14,000 crore, so I see good value." He further added, "If Reliance Communications maybe as I said that some corporate development for which the management has also hinted that they want to place 26% stake or they want to exit from the infrastructure, tower and all that, if that happens these two stocks holds value but I won
first published: Jan 17, 2011 02:08 pm

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