So much drama is going on regarding Future Group and Reliance Deal 🤯

I have a lot of favorites, but my all-time favorite stock is reliance. But if I need to list out 10 fav stock then they would be:

Reliance
Bajaj Finance
HDFC
ITC
Avanti Feeds
SpiceJet
Delta Corp
Sterlite Technologies
Credit Acces Gramin
Edelweiss Financial Services

#investments #stocks #longterm #favorite #sharemarket

If one would have invested Rs 10,000 in Reliance Industries shares IPO in 1995, what would be the return today?

Reliance came with IPO in 1977 with a face value of Rs 10. So, one would have got 1000 shares.

Total share after all Bonuses (1983,1997,2009,2017) = 12800

The current price of RIL is 1911.70.

Total Profit- 12800*1901.70= 2,43,41,760 exclusive of all dividends paid by the Company.

Is it too late to buy RIL shares, or will it fall again to 1k lows?

Not it’s not late, I think the stock would go 5,000 in the next 10 years. So if you share the vision of the reliance industries then you could start investing monthly and if it’s fall then invest more so that your average price would come down.

Reasons, what one should invest in RIL? Well, there are so many but essentially Jio is going to be the next big thing and right now there is no separate listing of Jio. So, even if Jio is listed separately in the next 3–4 years, Reliance stock would rally.

#Reliance

I have a lot of favorites, but my all-time favorite stock is reliance. But if I need to list out 10 fav stock then they would be:

1. Reliance
2. Bajaj Finance
3. HDFC
4. ITC
5. Avanti Feeds
6. SpiceJet
7. Delta Corp
8. Sterlite Technologies
9. Credit Acces Gramin
10. Edelweiss Financial Services

Now each of them has different reasons to be on the list but I think this is a pretty balanced portfolio, wouldn’t you say so?