Who will ride the Retail Boom ? Reliance, Pantaloon or Bharti ? We don’t know.
During the 18th century gold mine rush in California, the companies that made money were the allied tools suppliers. Similarly, during the retail boom in India, we don’t know if Reliance or Pantaloon will make money or not, but we know Blue Star Limited and Carrier Aircon Ltd are all set to cash-in on the refrigeration needs of these companies. Refrigeration for cold storage units, retail outlets and for their logistics vehicles.
Both Blue Star and Carrier Aircon are in talks with Reliance Retail Ltd and Bharti. So keep an eye on these stocks.