Power Grid FPO

[pillatv]

reliance comm.. long term performance

Hi

Gents,

what would be the stock performance level of of 'Reliance comm'.. in 2011 & 2012 for long term investment.

currently the stock is trading below its book value.

please share your opinions in this regard.

is this the right time to buy this stock for long term purpose?

or should i wait for the stock price to fall further?

Thanks,

TV RAO P.

 

[praveen taneja]

Re: reliance comm.. long term performance

Hi

Gents,

what would be the stock performance level of of 'Reliance comm'.. in 2011 & 2012 for long term investment.

currently the stock is trading below its book value.

please share your opinions in this regard.

is this the right time to buy this stock for long term purpose?

or should i wait for the stock price to fall further?

Thanks,

TV RAO P.

Telecom sector is going in bad phase and increasing cost and price war with coming no portability and 3G would make there earning very less I am not good on TA and FA but can tell u that this stock is not going to give u good return in long run better search for any good stock with good valuation u can take help from Savant Raunak or Murtaza