Bearish about Reliance Industries: Lalit Thakkar, Angel Broking

Lalit Thakkar, MD Institution, Angel Broking in a chat with ET Now shares his views on RIL

ET Now: Where is the call on Reliance?

Lalit Thakkar: We are not so bullish on Reliance because the company is lagging on the growth front. So, on account of the buybacks announced, this stock can hold at a higher level, otherwise it is going to lose out on the earnings momentum front.