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Moneycontrol.com >> Message Board >> View Messages >> Reliance Petro
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rupee fall and now gain RPL best days (5)   15-May-08 17:02Tracked by (0)  
Posted by:   Guest on ( 15-May-08 17:02 )
Price : BSE: Rs 186.90 ( 1.66 % ), NSE: Rs. 187.05 ( 1.66 % )
Have you noticed that in the last 1 year when the rupee was apprciating RPL was a maximum beneficiary as ALL crtical imports had picked during that time...two year ago when Rupee was 44 the project costing must have been based on that costs so not only has the project cost artificially reduced by 10% (44-39) it will now reap the benefits of Rupee fall as production is ready to be exported anytime, Buy buy buy and and you will see it will fly beyond 400 in 2-3 months Milind Vinod Dubai
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