what's wrong with reliance capital?

[hardikpatel1821989]

why reliance capital is doing this way? when nifty is at 3000 two month before reliance capital is at 600-650 and now when nifty once again reach 3090 it is at 356.when it will reach above 800.can i see its price around 2500 in my life time?

 

[subrata_ind]

P/E of Reliance Capital is too high in this market condition,where as other financial stocks are in price range which is less than their book value,so reliance capital is in correction phase.
Subrata