Is Reliance good value right now?

Financial Journalist
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There are three useful clues when deciding to sell a stock. The first is when company “insiders” unexpectedly sell part or all of their shares and are first to head for the exit.

From James Packer getting out of free-to-air TV, to the Lowy family selling its shopping-centre empire, it usually pays to follow founders who decide to exit an industry.

Insider-selling signals, of course, can be fallible. Some directors sell shares because they have a big tax bill or a divorce to settle. Some founders sell because they or their family want to enjoy the fruits of their labour and work less. An exit was always part of their plan.

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