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Dear Reliance Industries, Please Explain This Valuation Gap
The Rs 78,100-crore gap in tower and fibre asset valuation is puzzling.
14 May 2019, 03:57 PM IST
The Rs 78,100-crore gap is puzzling. How did the valuation of Reliance Jio Infocomm Ltd.’s fibre and tower assets increase by that much even though some of that infrastructure is yet under development?The numbers cropped up in a Reliance Industries Ltd. investor presentation. The country’s second largest company by market capitalisation has decided to demerge the tower and fibre infrastructure of its telecom arm — Reliance Jio. The a...
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