Is it time to buy Reliance & M&M? Deepak Shenoy answers

According to Deepak Shenoy Reliance Industries' foray into FMCG places it well in a competitive market. Reliance, with the ability to raise debt, and cash, is positioned to excel. Though the past three years saw little revenue from the company, the next three years have great potential. Mahindra & Mahindra, despite the auto industry's underperformance, has a diverse profile. The improving infrastructure in both road and rail, and lowering interest rates, are expected to boost the automotive sector in 5 years.

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