Stock Market Investment Strategies - SC favours Mukesh, dumps Anil

The SC today gave the verdict in favour of Mukesh. SC ruled that government has full authority over the pricing of gas and no MOU between the brothers can change that. It requested Anil to renegotiate the deal with Mukesh. This is a big win for Mukesh since there wont be much of negotiation between them further.

The fortunes of the two Ambanis have moved in different directions in the years. Mukesh has grown stronger and stronger every year. However, Anil has had many setback in the last few years. RNRL shares went down drastically after the verdict. it went down by 22%. With the gas sharing agreement going aganist Anil it has effected reliance power, reliance infrastructure and reliance natural resources limited shares. Already his reliance communication is facing stiff competition by other players and gone down drastically. Have to see how Anil comes out of all this. The only company that's doing well is his Reliance capital.

Mukesh RIL has done very well in the past few years since the split between the two brothers. The difference in their wealth has increased greatly. The difference since 2008 has widened to $15.3 billion, from $9.4 billion in 2004.