“Reliance separated the financial business from the core business so that they could raise more capital in it as debt without hurting the debt equity ratio of the core business. It also becomes the holding company for all their financial practices if they want to get into broking, asset management, any of the other insurance plays and so on.”
Sunil Singhania’s Abakkus portfolio: 5 stocks rally up to 105% in CY26; 2 new buys added in Q1
The analysis includes only those companies in which the investor holds more than a 1% stake and may not represent the entirety of the portfolio.
August 1, 2026