Reliance a good buy at current prices: Hemang Jani, Sharekhan

Hemang Jani, Senior Vice President, Sharekhan, in a chat with ET Now talks about Reliance.

What are your thoughts on Reliance?

Their overall dependence on the textile and polyester has come down quite dramatically. In fact the way the refining margins and overall gas production shape up over the next 1 or 2 quarters would be far more important for them.

Given the fact that stock has underperformed and these are pretty stable businesses, this particular stock at this price is a pretty attractive preposition for investors.