Posts Tagged ‘ RIL ’
In the June 2008 quarter, RIL posted GRMs of $15.7 per barrel, which disappointed the Street which had pencilled in margins of $16-17 per barrel, given the sharp rise in crude oil prices. Refining contributes about 55 per cent to the company’s revenues which were Rs 1.37 lakh crore in FY08. Moreover, industry watchers believe [ READ MORE ]
Not only Nifty touch 5705 but convincingly surpass the pass 5750 on the upside on the backdrop of the left clearance to the centre for Nuke discussion. On the back drop of the local & strong global cues from US market, Nifty is likely to have a Gap up opening around 5775-5800. RIL & LT likely [ READ MORE ]
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