Zerodha’s Kamath applauds RIL’s prompt announcement of acquisition cost

  • Nithin Kamath praised RIL for declaring the cost of acquisition (COA) swiftly ahead of JFS demerger.
  • He suggests that prompt COA announcements aid price discovery and allow brokers to adjust buy average price timely.
  • Kamath underscored that a timely COA announcement helps retail investors avoid panic due to perceived artificial loss.
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