Reliance Communication - Multi bagger Trgt 245 1 year time frame
- This Anil Ambani group flagship company, is getting back in Race.
- Reliance Communications, is India's largest private sector information and communications company, with over 150 million subscribers.
- Reliance Group has established a pan-India, high-capacity, integrated (wireless and wireline), convergent (voice, data and video) digital network.
- Recently their consolidated profit has increased to 3.2 %.
- With Mukesh Ambani stepping in this company will grow in its leaps and bound.
- Also the way Chinese banks have shown interest, this will be a company for acquisition if it fails.
- With all these good things coming, We expect the stock to go to 240+ in 1 yr time frame.
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