RIL is good only for long term: Shrikant Shetty

Shrikant Shetty says RIL looks good but only from a long-term persepctive.

ET Now spoke to Shrikant Shetty, Head, Equity Advisory, Unicon Investment Solutions, to get his views on RIL.

What is your sense on RIL?

RIL would be good but purely from a longer term investment perspective. We need to see how it plays bets on acquisitions before taking a bigger call on the stock. As of now, from be a short-term perspective, there seem to be anything major happening in the stock. Only investors will longer term perspective can look to accumulate dips and the stock.
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