One reply on “Mukesh Ambani:Reliance to be a Fortune 50 Company”
If the gold standard for evaluating a company for long term investment potential is Return on Capital Employed, the capedx plans of RIL should worry investors as they will take years to generate a decent return,. In the mean while, they it will further reduce ROCE/ROE which is any case low!
One reply on “Mukesh Ambani:Reliance to be a Fortune 50 Company”
If the gold standard for evaluating a company for long term investment potential is Return on Capital Employed, the capedx plans of RIL should worry investors as they will take years to generate a decent return,. In the mean while, they it will further reduce ROCE/ROE which is any case low!