Reliance Petroleum

future of rpl

Posted by : nseking

Thanks for the explanation.. I never thought in this dimension. Because I would have gone on and buy a lot of 500 in the above scenario..

Reliance allowed to sell diesel in India

Posted by : Be and Make

With the diesel demand showing an 18-per cent growth and oil companies depending on imports to bridge the gap, the Government is considering changes in tax norms to allow refineries in export-oriented units such as Reliance Industries Ltd (RIL) to feed the domestic market.
After a review meeting with the chiefs of PSU oil companies here on Tuesday, the Petroleum Minister, Mr Murli Deora, said that a consistent, long-term pricing policy for diesel is required – one which would balance social concerns with business realities. The Ministry was seeking changes in tax rules to allow EOU refineries to supply petroleum products to PSU refiners.
Mr Sarthak Behuria, Chairman, Indian Oil Corporation Ltd, told news persons that “We have written to Directorate General of Foreign Trade (DGFT) and the Commerce Ministry in this regard, and if the Finance Ministry also approves it, we will be able to buy diesel from Reliance as is the case with LPG.”
In addition, the company will have to pay income-tax on its profits when it sells fuel in the domestic tariff area (DTA). “It is being examined if domestic sales by Reliance in the DTA can be given a ‘deemed export status’ and it continues to get income-tax waiver,” he said. RIL already enjoys a deemed export status for selling LPG to the PSUs.
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All good feel good.
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with thanks
be and make

Cues from FnO: Short term bounce?

Posted by : chief_kamani

Be and Make=Youn are absolutely right!!Keep it up!!

Cues from FnO: Short term bounce?

Posted by : Be and Make

dear chief Dear chief – good morning today we may see a big dip in the indices due to ‘not allowing FIIs through P-note way’. Markets expected that SEBI will take favorable decision for FIIs and which will boost our liquidity conditions but if SEBI not taken any action then we will see a very big dip in this week.
With thanks
Be and make

Cues from FnO: Short term bounce?

Posted by : Be and Make

dear chief - good morning, as i expected there was a big dip in markets in the last week. Do you have any recent news regarding the 'schedule of commercial prodution'
with thanks
be and make

RPL 1000 after 5yrs ???

Posted by : 54543532

Rpl is a stock with great prospects once it starts operations in full swing and shall reach 1000 levels in a 5 years time....accumulate this stock @ every declines in the cash market....who knows...the returns may be enough 2 fund ur retirement if u buy it in thousands in number....:D

RPL 1000 after 5yrs ???

Posted by : 54543532

Rpl is a stock with great prospects once it starts operations in full swing and shall reach 1000 levels in a 5 years time....accumulate this stock @ every declines in the cash market....who knows...the returns may be enough 2 fund ur retirement if u buy it in thousands in number....:D

help

Posted by : Guest

i had purchased 3000 rpl @272 last year so what should i would do know

Multibagger from Pantaloon&Phoenix Group

Posted by : vrp07

hi friend
whats your price target as well as time frame

Multibagger from Pantaloon&Phoenix Group

Posted by : valuepick

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