Here's Why G Chokkalingam Believes One Should Accumulate Reliance Shares.

With Reliance Industries stock down 18% from its peak, should investors start accumulating shares ahead of India’s biggest upcoming IPO—Jio? Watch Business Today TV as G Chokkalingam, Founder and MD of Equinomics Research, shares his strategic insights on why he considers this a "mini economy" stock with unmatched growth potential. G Chokkalingam points out that although Reliance's recent correction may stem from foreign investors selling to repatriate funds, the dip offers a significant entry point for investors. He emphasises that Reliance’s ongoing diversification has reduced its dependency on oil and gas profits, now contributing less than 50% to the total profit mix. This strategic shift is paving the way for re-rating as the company ventures into high-growth segments like green energy, financial services, and retail. G Chokkalingam suggests Investors should seize this moment to invest in Reliance as it gears up for monumental growth with the impending Jio IPO, expected to bolster the balance sheet and drive a second wave of expansion. With its solid foundation in digital and retail businesses, Reliance Financial is positioned to replicate this success in financial services, currently valued attractively at around 1.6 to 1.7 times price-to-book value. Should you capitalise on this rare correction to build a long-term position in Reliance Industries? Find out how this stock could continue evolving into a powerhouse, unlocking further value for shareholders.