Analyst shares 3 reasons for downgrading Reliance Industries
Probal Sen of ICICI Securities says any further upside to Reliance Industries’ share price has already been priced into its valuation, despite the firm’s strong Q3 earnings performance.
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Probal Sen of ICICI Securities says any further upside to Reliance Industries’ share price has already been priced into its valuation, despite the firm’s strong Q3 earnings performance.
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Alessandro Gazzini, managing director and Indonesia country head at Alvarez & Marsal, says there’s a “polarization of performance” among companies, with the healthy ones “getting healthier, while the laggards are really struggling and growing in number.”