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Essar Oil
NSE Announcements on Essar Oil
Posted by :
MMB MessengerTracked by: 0 Boarder
Essar Oil Limited has informed the Exchange regarding the Outcome of the Annual General Meeting of the Company held on September 27, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on Essar Oil
Posted by : MMB MessengerTracked by: 0 Boarder
Essar Oil Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 27, 2008....
buy essar oil at current price....
Posted by :
abhi06Tracked by: 0 Boarder
the 12 month target is 350.....and i think the bottom is very near....i think the bottom is arround 168........
In reply to:
buy essar oil at current price....
Posted by : abhi06
buy essar oil at current price....accumulate as much as u can....same for rpl..... 
buy essar oil at current price....
Posted by : abhi06Tracked by: 0 Boarder
buy essar oil at current price....accumulate as much as u can....same for rpl........
Sell Essar Oil
Posted by : shubhrasankarTracked by: 0 Boarder
Hi PSG and Panasonic,
You forget that essaroil returned as profit making company last quarter and still growing in other countries also....
In reply to:
Sell Essar Oil
Posted by : psgs
yes, you are right. it is fully or infact a tag more than overvalued. switch to merck.
swamy.
Sell Essar Oil
Posted by : MozzartTracked by: 0 Boarder
I dont think so ....... check it's 180...
In reply to:
Sell Essar Oil
Posted by : psgs
yes, you are right. it is fully or infact a tag more than overvalued. switch to merck.
swamy.
Strong for intra-day
Posted by :
News_infobasedTracked by: 0 Boarder
Fresh Gas/Oil find news is going round the circle. Buy in the morning for decent intra-day gain.......
Sell Essar Oil
Posted by : psgsTracked by: 0 Boarder
yes, you are right. it is fully or infact a tag more than overvalued. switch to merck.
swamy.
...
In reply to:
Sell Essar Oil
Posted by : panasonic
buy before read its balance sheet ,low eps & low margin how can it go up?
Sell Essar Oil
Posted by : panasonicTracked by: 0 Boarder
buy before read its balance sheet ,low eps & low margin how can it go up? ...
In reply to:
Sell Essar Oil
Posted by : Mozzart
It\\`s gaining grounds ....... it sustains at ~ 180-182
Sell Essar Oil
Posted by : MozzartTracked by: 0 Boarder
It\\`s gaining grounds ....... it sustains at ~ 180-182...
In reply to:
Sell Essar Oil
Posted by : WarburgPincus
Essar Oil will lose ground in the current market. Its better to switch to MRPL.
Sell Essar Oil
Posted by : WarburgPincusTracked by: 0 Boarder
Essar Oil will lose ground in the current market. Its better to switch to MRPL....
Oil firms may see action
Posted by : gkp378Tracked by: 0 Boarder
what do u suggest on this stock. I bought 1 future of sep25 @173, will it touch before expiry. please suggest me on rpl also.
advanced thanks for your reply...
In reply to:
Oil firms may see action
Posted by : zoombusiness
The government is reportedly obtaining legal opinion for imposing a special oil tax on the domestic crude oil production under the New Exploration Licensing Policy (Nelp). The proposed tax is supposed to kick-in after price of domestically-produced crude oil crosses the $75/barrel mark. While public sector oil producers like ONGC and Oil India would have to fork out to the government 100% of additional realisation beyond the cut-off price, private companies like Reliance Industries (RIL), Essar Oil and Cairn India would be required to pay 40% of their windfall gains, suggests report.
--CM
Oil firms may see action
Posted by : zoombusinessTracked by: 0 Boarder
The government is reportedly obtaining legal opinion for imposing a special oil tax on the domestic crude oil production under the New Exploration Licensing Policy (Nelp). The proposed tax is supposed to kick-in after price of domestically-produced crude oil crosses the $75/barrel mark. While public sector oil producers like ONGC and Oil India would have to fork out to the government 100% of additional realisation beyond the cut-off price, private companies like Reliance Industries (RIL), Essar Oil and Cairn India would be required to pay 40% of their windfall gains, suggests report.
--CM
...
RIL is pulled ---the effect is on others.
Posted by : Leave it.Tracked by: 0 Boarder
DO YOU KNOW WHY RIL IS PUSHED DOWN
Posted by : Leave it.Fears of export ban weighs down RIL.
Reliance Industries lost extending losses for the second straight day spooked by reports the Prime Minister’s Office may recommend levy of export tax or ban petroleum exports from its refineries in Jamnagar.
The stock had lost to Rs 2083.55 on Wednesday, 10 September 2008, when the reports first hit the market.
The market declined on weak global cues. Asian stocks fell today, 11 September 2008, after US investment bank Lehman Brothers on Wednesday, 10 September 2008, posted a record quarterly loss.
India’s largest private sector firm by market capitalisation and oil refiner has also drowned to a low level.
Reliance Industries (RIL) has two export oriented refineries in Jamnagar – the 33 million tonne existing unit and the soon to be commissioned 27 million tonne of subsidiary firm Reliance Petroleum.
Analysts say a ban on export will harm Reliance Industries (RIL)\\`s super normal profits as the company will be forced to compete with the government oil firms in the domestic market which currently sell petrol and diesel at below market prices.
RIL has two export oriented refineries in Jamnagar - the 33 million tonne existing unit and the soon to be commissioned 27 million tonne of subsidiary firm Reliance Petroleum.
On 1 September 2008, Reliance Industries scrapped its plan to transfer an 80% stake in a deepwater oil & gas block to four fully-owned units. On 27 August 2008, RIL had said it plans to transfer 80% of its holding in D6 block of the Krishna Godavari basin to four unlisted subsidiaries -- Reliance KG Exploration and Development, Reliance KG D6 E&P, Reliance KG Basin and Reliance E&P KG, to enhance flexibility to raise finances.
The Mukesh Ambani-run RIL currently owns a 90% interest in KG-DWN-98/3, better known as the D6 block, in the basin where 18 oil and gas discoveries have been reported till date. The remaining 10% stake vests with its Canadian partner Niko Resources. Valued at nearly billion with 14 trillion cubic feet of gas reserves, this is the arguably the most valuable asset held by the company.
Reliance Industries manufactures petrochemicals, synthetic fibers, fiber intermediates, textiles, blended yarn and polyester staple fiber. And also gasoline, superior kerosene oil and liquified petroleum gas.
v.krishnamoorthy
...
GOOD NEWS FOR ESSAR OIL
Posted by : GuestTracked by: 0 Boarder
This is a nice way to beg people to buy n try to hold a price of a falling stock in a choppy market....
In reply to:
Oil firms may see action
Posted by : zoombusiness
The government is reportedly obtaining legal opinion for imposing a special oil tax on the domestic crude oil production under the New Exploration Licensing Policy (Nelp). The proposed tax is supposed to kick-in after price of domestically-produced crude oil crosses the $75/barrel mark. While public sector oil producers like ONGC and Oil India would have to fork out to the government 100% of additional realisation beyond the cut-off price, private companies like Reliance Industries (RIL), Essar Oil and Cairn India would be required to pay 40% of their windfall gains, suggests report.
--CM
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