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.