Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
Reliance Industries
RIL story
Posted by :
investor11Tracked by: 0 Boarder
RIL is sound and robust company,but we must remeber one this before split it was trading at 350 a few years before after having unlocked various buissnesses between two brother,RNRL RPL and INfra it has moved almost 8 times and combined valuation around 15 times so still downside is not unexpected,though there buissness has also grwn up but not in praportion to yhe valuation....
Down side limited - Start LT investment.
Posted by :
BoyplungerTracked by: 0 Boarder
Down side looks limited now.
Reliance Low 1509
Nifty Low 3329
Time to start shopping....
Relance may not fall below 1000....
Posted by : yagneswarTracked by: 0 Boarder
Rpl is shortly to commence operations. RPL is a subsidiary to RIL doing business where the management is different Funding for RPL infused by RIL, Chevron and Public to that extent only its a burden. Contribution is only a capex which may be merged to RIL to RIL`S advantage at a later stage when RPL commence operations burden will naturally come down RIL is also doing something like Godavari basin operations, Retail venture etc which will improve PE faster....
In reply to:
Relance may not fall below 1000....
Posted by :
marketman
In bear markets,these types of just stories do not work.... rpl is a big burden to ril.... it is better if they merge it immediately to the ril.... 
Reliance new resistance level=1600....
Posted by :
MilindKTracked by: 0 Boarder
Well in my opinion, it can come down to Rs.1200 due to global crises and FIIs taking out their money. But definitely not due to the bad business of Reliance or the reasons that you have given.n most of the new projects the model was novel. Reliance had ties up with vendors/ partners for investment. e.g. in one of my friend`s Reliance petrol outlet, all invenstment was done by him and not reliance. Reliance simply stopped the non-proit business. Thus a few partners may have been hit temporarily but a large section of investors are protected. In case of SEZ, if one SEZ is closed (and I support the farmers and environmentalists on this); another two may open. For every sustainable/ attractive business proposals there are govts. laying red carpets for the industries as we saw in case of nano. As in case of retail, it is a long term story. They have just started. In the long run, and in the backdrop of the financial crisis, instead of FDA or tie up we are more likely to see Reliance taking over a global retail giant. So forget retail failure or anything. While Anil D Ambani is producing hollywood movies, Mukesh opening Reliance marts/ Reliance fresh stores by the side of Wall Marts in the USA won`t be a laughable idea anymore.
So Reliance is not in any big crisis, in fact the global financial crises are going to open many oppportunities to Indian companies.
But we can not predict the short term share prices. That will be stupid. In fact for every major fall we should but more for a long long term...( in my case lifetime)....
In reply to:
Reliance new resistance level=1600....
Posted by : gdd
1200 IS THE NEXT LEVEL FOR THIS STOCK = in next 16 weeks at the most
Most projects are faltering, brother are fighting, SEZ ????, retail boomrangs, so where to hide?
Sell even now- the company is doomed becuase of pettyness of the promoter.
Reliance would be rangebound .........
Posted by : harishkrsharmaTracked by: 0 Boarder
RIL would consolidate for quite sometime and would not go into 3 figures. good buy below 1450 for long term.
Gas & oil production will give boost in the next couple of months....
Tomorrow`s PROJECTIONS for this STOCK
Posted by : DUstocksTracked by: 0 Boarder
At the current Speed Of Trend (SOT), RELIANCE will become OVERSOLD on 10th October, 2008 at Rs. 1591.02.
SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
1863.66 1764.78 1706.66 1607.78 1549.66 1450.78 1392.66
NIFTY SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
3910.50 3757.45 3635.55 3482.50 3360.60 3207.55 3085.65
Please don`t interpret SOT figures in ABSOLUTE terms for setting up your trades, use them only for general directional guidance - all at your risk & responsibility of course. If you do not understand what SOT projections are all about, just ignore this post, rather than setting up your trade upon something you know nothing about.
...
Relance may not fall below 1000....
Posted by : marketmanTracked by: 0 Boarder
In bear markets,these types of just stories do not work.... rpl is a big burden to ril.... it is better if they merge it immediately to the ril.......
In reply to:
Relance may not fall below 1000....
Posted by : yagneswar
with Rpl storey round the corner RIL is a safe pet
Relance may not fall below 1000....
Posted by : yagneswarTracked by: 0 Boarder
with Rpl storey round the corner RIL is a safe pet...
In reply to:
Relance may not fall below 1000....
Posted by : marketman
Kg basin gas is positive for the stock in the long run.... it can be bought for investment at around 10 pe multiple.... with the expected eps of 100 for this fiscal and may not have negative growth i profits for the next fiscal,the scrip can be bought at around 10 pe multiple....
So,this pvt sector gas major may not fal below 1000 even if fiis completely exit from the counter....
reliance industries downside
Posted by : bhavesh ozaTracked by: 0 Boarder
reliance industries market heavy weighted stock. reliance promotor app. 6% share sell. between global market effect reliance down side. reliance down targate 1300/1400....
Relance may not fall below 1000....
Posted by : marketmanTracked by: 0 Boarder
Kg basin gas is positive for the stock in the long run.... it can be bought for investment at around 10 pe multiple.... with the expected eps of 100 for this fiscal and may not have negative growth i profits for the next fiscal,the scrip can be bought at around 10 pe multiple....
So,this pvt sector gas major may not fal below 1000 even if fiis completely exit from the counter.......
Reliance 1650
Posted by : BoyplungerTracked by: 5 Boarders
Congratulations fmcgbites. Keep up the good work...
In reply to:
Reliance 1650
Posted by : fmcgbites
Dear Boyplunger, hurting was seen in ril not in you and me, my first target of 1500 was done with ease, i am out from reliance,be back when take new position in ril.its over to you.
Reliance 1650
Posted by : fmcgbitesTracked by: 5 Boarders
Dear Boyplunger, hurting was seen in ril not in you and me, my first target of 1500 was done with ease, i am out from reliance,be back when take new position in ril.its over to you....
In reply to:
Reliance 1650
Posted by : Boyplunger
Dear fmcgbites, who wants to save reliance? I know what is hurting you.
Nifty can rally to 4400 in the short term.
Posted by : panasonicTracked by: 0 Boarder
Ready to inject more cash into mkts:FM NEW DELHI: The government is ready to pump more cash into jittery financial markets, the finance minister said on Wednesday, after stocks slumped to a two-year trough and the rupee fell to its lowest in more than six years.
"If need be, we will take further measures to infuse liquidity in the market," Palaniappan Chidambaram told reporters, referring to measures taken this week to ease cash flows.
Panic gripped the stock and foreign exchange markets on Wednesday as a global financial turmoil intensified worries of a recession and sent stocks reeling worldwide.
The BSE Sensex fell more than 8% at one stage to its lowest in two years, but recouped partly to be down 3.87% at 1505 hrs.
Foreign funds have pulled out a net $9.9 billion from Indian shares this year, after ploughing in a record $17.4 billion in 2007.
"I am hopeful investors will start coming to the market," Chidambaram said.
On Monday, the Reserve Bank of India announced a surprise half a percentage point cut in the proportion of deposits that banks must keep with the central bank. The reduction, which is expected to release 200 billion rupees ($4.1 billion) into the banking system, was intended to alleviate pressures on local markets due to the global financial crisis, the central bank said.
The government eased norms for foreign borrowings by companies, while the capital market regulator relaxed rules for indirect investments by foreign institutions in stocks.
...
Reliance new resistance level=1600....
Posted by : ArunadTracked by: 0 Boarder
U r right..Reliance promoters are fighting for their own share and they are not bothered of shareholders. Retail fiasco is huge loss for Mukesh`s image og managing business. Petroleum retail closure was also recent one with huge loss though not yet reflected on reliance balance sheet being run through subsidiary. Same is going tobe fate of their realty SEZ projects where public support not available. Check if you can find a satisfatory distributor or dealer of Reliance confirming that he has earn from reliance. Its always case that he is neck dip into reliance business and have not been able to get out with profits.so ensure exit now and enter again if market improves. ...
In reply to:
Reliance new resistance level=1600....
Posted by : gdd
1200 IS THE NEXT LEVEL FOR THIS STOCK = in next 16 weeks at the most
Most projects are faltering, brother are fighting, SEZ ????, retail boomrangs, so where to hide?
Sell even now- the company is doomed becuase of pettyness of the promoter.
Reliance is ready for bouncing back
Posted by : brainchildTracked by: 5 Boarders
HI
Rely in Reliance. I made 10 times of my investment in this company. They made more millionaires than any other company did in India. They can even buy many countries on the Globe if there are up in the market for sale. They have their fingers in every pie....
In reply to:
Reliance is ready for bouncing back
Posted by : nadhi
Dear sharad,
I find it painful to note that good boarders are quitting. I know that you will do only the proper thing. Thanks for your affection in me all along and marking a copy of your messages always. Please send me your mail ID thro PM. I want to keep in touch with a true well wisher.
Kind regards
Nadhi
Boarders Outlook on Reliance
positive outlook
negative outlook26 queries on Reliance
see moreMore from the Diversified Sector
see more Boarders tracking Reliance
see more News Updates on Reliance
