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52%
2.65 

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Maker Chambers - IV, Nariman Point, Mumbai, 400021, MH

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The unwanted Saga.
Nov 24, 2004 09:25 PM 5649 Views
(Updated Nov 25, 2004 12:56 PM)

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I shall write a subtle review on this one, because I do know which people I am writing reviews about.


Anyways..


I shall write this about the recent spat in the Reliance Industries, which has been sparked up by all media giants and is the talk of all the Economic times reading public in this country.


A solid and firm advice to all and sundry.


Do not pay attention to any of the barrages of media reports of this spat.


logic says..


What does a break up in a big company result in?


Obviously, the lowe rungs, and most importantly the share holders panic. What do panicing shareholders do?


They distress sell their shares.


What do this lead to?


Rock bottom prices of the shares.


Who has the financial muscle to buy this deluge of shares in such short a time?


I leave my question unanswered.


For a lark, while reading and viewing the news reports of the spat, also keep an eye on the Reliance Industries share prices.


Enjoy.


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