• Recommendation to book profits in Reliance Retail

    11 May

Reliance Retail present Market cap is  ₹ 16.5 Lac crores.

Reliance Industries total market cap is  ₹ 16.5 Lac crores. 

Retail is one of the 3 core business of Reliance Industries with Jio and Oil business which is doing exceptionally well. 

Reliance is in talks of IPO of Retail and Jio and splitting their 3 core businesses. We would recommend to book profits in Reliance Retail as once business splits, valuation would come down to ensure that other businesses also get proper value.