Reliance Industries: Bull Vs Bear

Reliance Industries Ltd. has been underperforming the Indian benchmark – Nifty 50 – for the last one month, last three months, last six months, and last one year. This could be because its energy business has seen a lot of volatility owing to geopolitical issues and the best of the refining segment appears to be behind.Along with this, there is a CAPEX overhang over the stock. Even in past – 2009-2016 – RIL’s share prices remained range bound owing to the third phase of CAPEX. During CAPEX cycles, the company’s RoCE remains weak.However, not everything is weak about RIL. Watch the video to know the factors that could benefit India’s most valued company.Read More