1. Reliance Industries is a company to watch in year 2008 as its exploration and production (E&P) division, which accounts for 50 per cent of its sum-of-parts valuation, will start selling gas from the KG Basin. Only problem which needs to be resolved is pricing of gas and settlement with the ADA group and NTPC.
2. Reliance will see a jump in profit by virtue of Reliance Petroleum going ahead of schedule with its production.
3. It is anticipated that the bids for NELP VII will be awarded by July 2008.
4. Company is likely to gain a lot by unlocking the value in its retail and SEZ initiatives.
5. One can enter in Reliance at this junction as stock has been battered by Asian Stock markets melt down and is trading at attractive valuations which can give close to 30% returns in a year.
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2. Reliance will see a jump in profit by virtue of Reliance Petroleum going ahead of schedule with its production.
3. It is anticipated that the bids for NELP VII will be awarded by July 2008.
4. Company is likely to gain a lot by unlocking the value in its retail and SEZ initiatives.
5. One can enter in Reliance at this junction as stock has been battered by Asian Stock markets melt down and is trading at attractive valuations which can give close to 30% returns in a year.
Subscribe Here to Get Free Millionaire Potential Stocks in Your Email Inbox Free Of Cost.
