Reliance Industries Ltd - Buy
There are many reasons why this share is a buy. Originally it was a commodity play based on petroleum and its products. So a low price earning ratio was given. Now it is a big communication platform and is no 1 telecom in India. Every one from Facebook on wards are vying to get shares of Reliance Platform Ltd an unlisted company, a subsidiary of Reliance Industries Ltd. the petroleum segment is not given any value as a declining segment. Another subsidiary Reliance Retail Ltd is the largest Retailer in India.It is a profit making Company.This segment will grow heavily in the next few years due to shift from unorganised retail to organised retail. Think about the synergy between the largest telecom company and largest retail company when eCommerce explodes. With the arrival of Facebook as a partner a large fintech subsidiary is proposed.With the powerful associates,it will have ready made access to customer. All these makes Reliance Industries Ltd a buy for long term.