Reliance Communications- Advise needed

#1
hi all
is it safe to hold the R.com for a long term (bought it at 450)? also, i heard that it is going to demerge.. if any body have any info about the demerging and the expected date of demerging, kindly let me know.. thanks in advance
koshy
 
#2
Koshy
There is no doubt RCom is a stock for a long term.The whole Telecom sector in India is booming. It has announced plans to further invest 10,000 cr into its business in next 1-2 yrs. Although your buying price of 450.00 is at a high but it is already crossed that today.. You should average it on dips.
Regards
 

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