Question: Which is a better share for the long term in India, RIL, or Tata Steel?
Both RIL & Tata steel has good management & strong business.
RIL - is having more revenue drivers like Jio, Retail, etc. Now they have collected huge money from many institutions & other strategic partners and become debt-free.
The current valuation is a bit high but considering long-term potential, it is OK to start accumulate it in small portions.
Tatasteel - Age-old proven business in metal and subject to cyclical in nature. If you just see the chart, it has not delivered great returns to investors.
See the last 5 yr data: RIL appreciated about 381% & Tata steel is about 63% only.