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Reliance Natural Resources

BSE: 532709  |  NSE: RNRL  |  ISIN: INE328H01012  |  Oil Drilling And Exploration
    
 

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15 Nov 2009 12:41

Its a value se£££

Posted by : Diku_kunal
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

Commen looking at the tropical chart of rnrl its a value sell tgt next week 50 stop loss 75. Just short and make easy paisa. ...

15 Nov 2009 12:24

RNRL will win 99.99%

Posted by : sonu1980
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

RNRL will win 99.99% and failer 0.01%...

14 Nov 2009 21:19

Heading

Posted by : NAUGHTY007
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

do u think next week will be +ve for the stock-i am holding since long-...

14 Nov 2009 01:30

jethmalani is makin them runnn!!!

Posted by : akkbatra
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

bobby,
please see my reply to sheelu. akkbatra....

13 Nov 2009 23:53

what should i do?

Posted by : akkbatra
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

Dear Sheelu,
A brokerage house report had indicated that share price may fall by 70% if RNRL looses the SC case and many wise boarders feel that it can appreciate by 200 - 300% if it wins the case. My personal belief is that the case is Advantage RNRL merely due to a fact that the GOI (through GoM) approved hiked gas price was not notified in the official Gazzatte. I know the reports and case-laws of criminal cases, where the accused persons could not be punished even after their guilt was proved merely due to non-notification of the concerned Law in Gazzatte. A wise lawyer on the MMB board can clarify further, if any. Sheelu, if at all you can average further, CMP around 70 is good, better is around 60 and best price is around 50. Please take your own wise decision. Thanks. akkbatra....

13 Nov 2009 23:44

what should i do?

Posted by : akkbatra
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

Varner,
Yes, it could be due to a fact whereby Ram Jethmalani had requested the SC to permit him to have first examination of those 7 independant directors who had filed seperate affidavits claiming to have no knowledge of family MoU. Although I donot know the case-laws or precedents whether such examinations or cross examinations are permitted at HC and SC level, but it seems that Salve is not confident and hence the request for withdrawal of affidavits. A wise lawyer on the MMb board can clarify further, if any. Thanks. akkbatra....

13 Nov 2009 22:54

what should i do?

Posted by : Varner
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

Today RIL counsel has indicated for the withdrawl of afidavid submitted by its directors about the knowledge and its approval of the family MOU, is a positive sign for RNRL, may take it up....

13 Nov 2009 22:54

what should i do?

Posted by : Varner
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

Today RIL counsel has indicated for the withdrawl of afidavid submitted by its directors about the knowledge and its approval of the family MOU, is a positive sign for RNRL, may take it up....

13 Nov 2009 22:20

RIL questions RNRL`s demand for gas without power plant

Posted by : Varner
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

Can RIL confirm the price of gas when RNRL group power plant comes up?...

13 Nov 2009 22:11

what should i do?

Posted by : sheelu
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

i have 200 RNRL at 145/-
i have waited so long...should i wait more? is it likely to touch 100 again in 2009?...

13 Nov 2009 21:24

RIL questions RNRL`s demand for gas without power plant

Posted by : dipakgod
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

Shares of India`s biggest listed company Reliance Industries (RELI.BO: Quote, Profile, Research) are down since mid-June, compared with the rising benchmark index, in an unusual occurrence for a firm seen as a bellwether for the country`s stock market.

Investors have been worried about a gas-pricing dispute between the company, led by billionaire Mukesh Ambani, and Reliance Natural (RENR.BO: Quote, Profile, Research) that is controlled by his estranged younger brother Anil. The dispute is being heard by India`s top court. [ID:nBOM489932]

While an unfavourable ruling from a lower court in June has helped knock 11 percent of its market value to about $75 billion over the past five months, Reliance shares have jumped 15 percent over the past week on rumours of a settlement between the Ambani siblings even though the brothers have ruled out a patch-up.

Is the tide turning for investors in the refining, petrochemicals, and oil and gas exploration giant?

...

13 Nov 2009 19:59

RIL questions RNRL`s demand for gas without power plant

Posted by : dipakgod
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

RIL questions RNRL`s demand for gas without power plant
RIL on Friday questioned in the Supreme Court the demand of RNRL for the immediate supply of gas from KG basin saying that it cannot be done in the absence of the proposed power plant as per the MoU.
...

13 Nov 2009 17:24

Its a clear sell

Posted by : Diku_kunal
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

Looking at the tri yearly chart of rnrl its a sell with a tgt of 32....

13 Nov 2009 16:53

jethmalani is makin them runnn!!!

Posted by : bobby3996
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

its all over the business channels ril directors r gonna withdraw thier affidavits in which they claim they did not know abt the family mou , only after jethmalani asked the honourable high court fr cross examining the directors of ril . To add to it counsel fr ril harish salve is saying in court that if ril supplies gas the the mou price to rnrl fr 13 yrs it would make no losses and only profit .what is left in the case i fail to understand only delaying tactics , looks like a win win fr anil bhai and ram jethmalani .kindly someone value the share on the basis of a win fr rnrl .wierd thing is this info was flashed 3 minutes before mkt closing fr the week was nt able to buy ....

13 Nov 2009 16:31

M O U ----if agreed What next !!!!

Posted by : ashutoshadesai
Price when posted : BSE: Rs 72.35 ( 0.21 % ), NSE: Rs. 72.40 ( 0.35 % )

most traders has herd mentality.
only wwiser people considers all such mattes.
make your own decisions onthe basis of what is said by me....