United Breweries at Rs 86…Indiabulls recommends to sell…Reliance Capital Mutual Fund buys into it !

It’s not that Reliance Capital Mutual Fund always does exactly the opposite of what Indiabulls recommends ! United Breweries (UB) was recommended to sell at Rs 90 by Indiabulls with a target price of Rs 70,citing high Leverage and margin pressures Reliance Capital Mutual Fund and another Fund,Indea Absolute Return Fund ,actually went ahead and purchased …

United Breweries at Rs 86…Indiabulls recommends to sell…Reliance Capital Mutual Fund buys into it ! Read More »