Ajay Srivastava view on Reliance Industries

RIL was always an overpriced stock, says Ajay Srivastava, CEO, Dimensions Consulting.

Srivastava told CNBC-TV18, "In oil and gas 2 stocks to worry about, ONGC and RIL and both are going nowhere in hurry. I think RIL was always an overpriced stock. Just look at RIL on performance wise, the balance sheet structure, the way debt versus cash is restrict there, what exactly happens to the free cash flows; leave aside the issues of the government. It