Buy RIL at current levels: Anil Rego

ET Now spoke to Anil Rego, CEO & Founder Right Horizons, on his views on stocks.

ET Now: What exactly do you like in Reliance Industries?

Anil Rego: Clearly one should be looking at Reliance as a 2-year buy. Over the next 2 years, a lot of the gas mines will actually start showing good revenues coming in and that is why I would expect a re-rating of the stock and value getting unlocked.

Reliance has also fallen. So it is a good time to again start buying. I would probably phase out the purchases a little maybe right up to 920 or so and for a 2-year investor, we could even see a 100% move out there.