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After 150% rally in 2020, an unlisted entity tops m-caps of HUL, HDFC Bank



We got featured in Economic Times! Reliance Retail, an unlisted subsidiary of RIL has more than double in value in the last 5 months, led by it's parent fundraising efforts . Current pricing seems steep considering a comparison with other retailing entities in the listed space. Let us know what you think of the same.
Energy-to-telecom Reliance Industries (RIL) impressed Dalal Street all through June quarter with a series of stake sales in Jio Platforms and India’s biggest ever rights issues. Investors rewarded the company by doubling the stock price from its March low point.

But an unlisted arm of the company has done even better. Shares of Reliance Retail (RRL), which trade in the unlisted market, have delivered about 150 per cent return on a year-to-date basis (YTD).

Dealers in the market for unlisted shares say the scrip hovered at Rs 1,100 on June 30, the highest price in the unlisted market, after having risen steadily from around Rs 425-450 at the end of January 2020.

The stock price almost doubled during the lockdown period, rising from Rs 575-600, even as much of unlisted market turned lacklustre.

Sandip Ginodia , Director

ALTIUS INVESTECH PVT LTD

We deal in over 60 unlisted companies with 15 years of experience .
For latest prices visit : www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .



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