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Go long in Reliance Industries: Rajat Bose

Rajat Bose of rajatbose.com recommends going long in Reliance Industries.

January 08, 2016 / 15:18 IST
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Rajat Bose of rajatbose.com told CNBC-TV18, "One can go long in Reliance Industries."At 15:11 hrs Reliance Industries was quoting at Rs 1,025.25, up Rs 13.70, or 1.35 percent. It has touched an intraday high of Rs 1,032.15 and an intraday low of Rs 1,000.05.The company's trailing 12-month (TTM) EPS was at Rs 74.73 per share. (Sep, 2015). The stock's price-to-earnings (P/E) ratio was 13.72. The latest book value of the company is Rs 667.33 per share. At current value, the price-to-book value of the company was 1.54. The dividend yield of the company was 0.98 percent.Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com.

first published: Jan 8, 2016 03:14 pm

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