Research Notes – October 8, 2010
Hold on Reliance Industries – TP maintained at Rs.1077 The stock continues to be an underperformer. After upgrading the stock to ‘hold’ in February 2010, the stock moved up by 1.2% as the Sensex gained 25.1%. It seems that the underperformance started with the company’s foray into telecom, weighed further on the stock […]