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  • News From Press MFs rush to lap up RIL shares. But will they miss the rally?

    MFs rush to lap up RIL shares. But will they miss the rally?

    Source: Economic Times Mar 1, 2017

    Institutional funds with portfolio underweight on Reliance IndustriesBSE -0.03 % (RIL) are making a dash for the stock as the street expects the break-even in its telecom venture to happen earlier than anticipated after the company recently announced the dates for the commercialisation of the business. 

    In addition to this, investors' interest increased due to possibility of the higher dividend payout as the company will turn free-cash flow positive from the beginning of FY19. 

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