Consider this why was rnrl trading at 300%,when the coming had just announced that it was going to apply for gas distribution licenses in Delhi,while nothing much changed for Indraprashta gas who already have license and is already in operation.The same goes for Reliance Communications,it has MCAP has grown more then Airtel in percentage wise,,Well but Airtel is far ahead in customer base etc.Lastly REL has just announced a new IPO,,and it price had been shooting up past week.The supposed power plant will take a decade,,before making profits.Reliance Infra is just planning and planning,,its retail wing is down and out. It is quite clear almost all of Reliance Stocks are overbought.there is clear indication of something fishy here.
