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Reliance Industries, one of the oldest companies in India, is in the coming three years entering in renewable energy. Outside the country, the firm says that Reliance does not have much free cash flow and entering such a new sector will not prove beneficial, And Are not bullish on stock.
But if you see how Reliance Industries work, you will find that the sector in which Reliance enters, they manages well and makes its place in that sector. So in the coming time, Reliance can do good work in renewable energy, which is good for Reliance Industries and India.
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