Indian equity investors never had it so good. After multiplying their capital, thanks to the tremendous bull run, they can now even trade in shares without paying any brokerage fees thanks to Anil Ambani’s Reliance Money.
If you are thinking that there is very little left in terms of appreciation in Reliance Industries especially the stupendous returns it has given post demerger and split with Anil Ambani, then there is some food for thought.
With the offloading of 5% stake in Reliance Tower Infrastructure Ltd by Reliance Communications to 7 financial investors valuing the tower business of the company at astonishing Rs.27000 crore, the analysis has now shifted as to how the tower business would contribute in the growth of telecom companies.
About The Author
Amit Agarwal is a web geek and founder of Digital Inspiration, a popular tech & how-to website since 2004 ..read more