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Biggest Wealth Destroyer of Last Decade

One reply on “Biggest Wealth Destroyer of Last Decade”

Not only RCom, but most of the ADAG companies have suffered in the last nearly one decade. Look at RPower also. Against its issue price of Rs. 270 (adjusted), it is quoting at around Rs. 40-45 level. All ADAG stocks have given negative return and market has lost its faith and confidence in ADAG management style and decision making. Similar fate is waiting for its new venture i.e. Reliance Defence. Just stay away.
The person who fought with his brother over their family wealth matters is today almost at 10 to 15% of the wealth of his elder brother, whereas when parted ways, they were roughly holding the same wealth/wealth creation potential.

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