Deepak Shenoy says Reliance is a sum of the parts valuation due to its various businesses, including telecom, oil and gas/chemical, and retail. He anticipates a demerger between the oil to consumer (O2C) segment, Jio, and Reliance Retail in the next four to five years, leading to higher market value. While the next 12 to 18 months may not be exciting for the business, Shenoy is holding on for the demerger.
IRB Infrastructure shares rally 8% as August toll revenue surges 25% YoY to Rs 807 crore
Shares of IRB Infrastructure Developers surged up to 8% after the company reported a 25% YoY rise in toll revenue to Rs 807 crore in