Mukesh Ambani is STILL THE RICHEST Indian. But Reliance Shares have not moved up since 2008?
March
23, 16
Mukesh Ambani is STILL
THE RICHEST Indian. But Reliance Shares have not moved up since 2008?
Greetings
from Hitesh! Readers are surprised with our reading of ARJUN yesterday. Many
are shocked with the revelation that ARJUN was not the real HERO in Mahabharat
War. They find it difficult to digest. If you have not read the same you can
click/copy the following link and read.
My Study says – “Normal Investors Are Like ARJUN!!” http://bestofhiteshparikh.blogspot.com/?spref=tw
My Study says – “Normal Investors Are Like ARJUN!!”,http://hiteshmparikh.com/?p=1347
I
have come across above question regarding Mukesh Ambani.
It
is a FACT that share price has come down from Rs.3000 to Rs.650 and now it is
around Rs.1040. If you read the FORBES
list – he is still the RICHEST Indian.
Some questions:-
Has
he invested in some other companies? / Has he got some secret income source?
How come share holders wealth / companies market value has not gone up but he
is still richest guy?
Recently
when SUN PHARMA was trading around Rs.1200/ Mr.Dilip Sanghvi was the RICHEST
GUY, but when the SUN PHARMA came down to Rs.800, he lost his Number One
Position. But the same logic is not applicable to Mukesh Bhai. WHY?
What are the FACTS?
He
has lost along with the Shareholders. His NET WORTH was USD 63 billion when the
price was Rs.3000. It has come down to around USD 21 billion in 2015!!
Market
cap of Reliance Ind is around USD 45 Billion and he holds 46% as per the LATEST
BSE record, this works out to around usd 21 billion.
How come he is STILL
the REACHEST PERSON?
Because
nobody has crossed the level of USD 21 Billion in India!! It has nothing to do
with the share price of Reliance industries.
What is the point of
this POST?
This
is a common sense issue. But MEDIA GUYS can discuss such issues and keep you
busy. I am sure many guys who missed my important posts would also read this
post thanks to the SUBJECT of the post.
Just
look at your MIND and its interests. The main question - HOW COME YOUR MIND is
BUSY ATTENDING to SUCH ISSUES? When you are busy with such issues – you will
miss the larger picture.
In
ENTER THE DRAGON – BRUCE LEE teaches the YOUNG MASTER the following lesson:-
“Its like a finger pointing away to the moon. Dont
concentrate on the finger or you will miss all that heavenly glory.”
Have
a GREAT HOLI DAY.
Hitesh
Parikh.
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