Buy or Sell: Bullish on RIL, Wockhardt, say experts
Mitesh Panchal, technical analyst at Shah Investors Home Limited, says that shares in Reliance Industries are poised for a further up-move. If pitted against a star performer against Wockhardt, it still looks like a good option to buy, provided Q3 gross refining margins look better, he adds. K K Mital, head of portfolio management services at Globe Capital Market concurs; he says that RIL is a solid performer and a must-have in one's portfolio. He is also bullish on Wockhardt as it has turned around and returned to profitability.
