If you are reading this (I have shorted i.e I am selling it today and then buy it back later; Reliance today 7th June)
#Businesscasestudy #relianceindustries #reliancecasestudy
Name the next biggest tech-player in India –
Thinking about TCS, Wipro or Infosys? No. It will be RELIANCE INDUSTRIES.
Why do I say that?
– Reliance has been actively pivoting to a wide range of businesses, other than its primary business of Petrochemicals.
– Reliance Jio, the entry point for Reliance to ramp up its technology area and which is registered as ‘Jio Platforms’, is a ‘Technology ‘company.
– Very recently Reliance was able to attract a consortium of investors such as Facebook, Google, KKR, TPG and other big global TECH giants.
So from an investing point of view, it has become very important to understand this industry as a case study, and then plan strategies accordingly.
If you liked this case study, and if you want me to do more such industry analyses, please comment below. I would definitely try to cover those:)
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