Saturday, May 8, 2010

RELIANCE-RNRL

Much hyped case has many points which raise to know to the general people at large.
First of all it should be clear to everyone that We India is currently importing the same gas at more than $4.2 mmBtu "Million Metric British Thermal Units" (according to sources).

So if the same is being sold at less than this price to any entity would be great loss to our county as a large which will bring bigger deficiet/loss to company called "INDIA"

We strongly belive that every quarter we investor is going throgh the Balance sheet of many companies .....its also important to look at the balance sheet of our country too...

Looking at benefit to RIL-RNRL defenately RIL has upper hand than RNRL at current time...but we are not seeing that RNRL is now out of game...the will go in the big business of GAS which country agenda has put on high priority...we personally belive ones the settlement price been decided many Smart People will start accumalaing RNRL....

DISCLAIMER- THE VIEWS ARE OUR PERSONAL DONT CONSIDER THIS AS BUY/SELL CALL FOR ANY COMPANIES/GROUP OF COMPANIES SHARES

1 comment:

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