All the investors who had taken positions in pharma and hospital stocks solely based on COVID, I think they will start selling very soon, because COVID is not spreading as rapidly as expected, and the revenue expectations have returned to normal.
Anonymous 2
Hey I am on Medial • 6d
Smart money already rotated out of pharma into defense, railways, and renewable energy. Retail investors are always the last to exit.
Mukesh Ambani is an Indian business magnate, chairman, and managing director of Reliance Industries Limited (RIL).
Key Highlights:
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This just boils my blood!
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Nandishwar
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How Reliance Earns Money 💰
● Reliance Industries generated ₹2,57,529 crore in Q1 FY24.
● Oil to Chemical business was the largest contributor with 52% of revenue.
● Retail contributed 27%, including Reliance SMART, AJIO, Hamleys, and JioMart
