RIL has the potential of giving 35% returns in next one year: Sushil Choksey

n an uncertain world, Reliance has achieved a lot and very few companies globally have done it, says the Director of Indus Equity.

Reliance evolved from being a textile company to being an oil and gas conglomerate and now a technology-backed company. Would you call it the Amazon of India? How are you looking at Reliance?
Reliance has definitely transformed in every respect; starting from their petrochemical business which is now visible to the world where at a single centre, they were processing 2% of crude and petrochemical. Similarly, they started the telecommunication business in a new avatar of Jio and they are unbundling services. Now with the Facebook partnership, they would take retail and other accessories and activities to the telecom world. We know that retail fueling to other segments is also connected to it. So it is a new avatar and a new digital world is likely to emerge due to Covid and Reliance Jio would work well on that front.