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Buy Reliance Industries on dips: Prakash Gaba

Prakash Gaba of prakashgaba.com advises buying Reliance Industries on dips.

July 03, 2017 / 15:38 IST

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I like Reliance Industries. I feel that it can climb to levels beyond Rs 2,000. The all-time high was somewhere closer to Rs 1,900 zones. So it is a matter of time, it will go up. Buy on dips, hold. It is a good stock."

At 15:07 hrs Reliance Industries was quoting at Rs 1,383.15, up Rs 2.90, or 0.21 percent on the BSE.

The share touched its 52-week high Rs 1,465 and 52-week low Rs 932 on 25 April, 2017 and 09 November, 2016, respectively.

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

first published: Jul 3, 2017 03:15 pm

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