RIL a good buy at current levels: Edelweiss Securities
Talking about RIL’s 37th AGM, Niraj Mansingka, VP - institutional equities (research) at Edelweiss Securities, said RIL’s move to start cash-and-carry, or wholesale, business shortly is more of a longer term business proposition and it will take time once the results/earnings starting coming in. “Our rating for RIL is buy and expect the stock to move to Rs 1160 levels.”
