The Fobres Magazine has forcasted in its recent Report “What Happens Next-Our Outlook Ahead” that Indian Bussiness Tycoon Mukesh Ambani could be the richest man on Earth in 2014.
What It Means for Reliance Industries Share Price- Reliance Industiries is now Quoting at 958 INR per Share on NSE. If we consider the above report and goes for Valuation of RIL by 2014, It must be quoting around 3500-3900 by 2014 or another instance of Stocks-Splits or Bonous may be considered by the RIL Board by 2014-2015.
So having RIL shares around 960 INR will be a wisefull decision for the Target of 3500-3900 over 3 years.
4 years ago
