Samir Arora on his top contra holding and what it will take him to buy Jio Financial
"If Jio Financials goes to Rs 180, I will buy. We just made a thumb rule that for the Reliance shares, we can give them say 10-20% discount. For the cash you give them, say two-two and a half does not matter and that is the price. But you cannot give a premium for the Reliance shares. Reliance itself is a good company. And then you give another premium for holding it."
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