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Is this the time to hoard up Reliance?
Reliance is closing the year with negative returns and is on the lower end of it's 52 week chart. Also given the fact that Jio and Reliance Retail will IPO in 2025 gives a slight edge to the fact that the Reliance shares could go up a bit as it will be the holder company for them (if the IPO route is chosen and not spin off). Moreover the upcoming budget could bring in some good news for them in terms of green energy subsidies and Trump coming to power may benefit its oil and gas segment (both are contradictory statements but eventually both hold true). So is it the perfect time to accumulate Reliance shares?2
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