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Moneycontrol.com >> Message Board >> View Messages >> Reliance Petro
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RIL/RPL WIND FALL TAX FEAR..... (7)   25-Jul-08 10:35Tracked by (0)  
Posted by:   hembhat on ( 25-Jul-08 10:35 )
Price : BSE: Rs 162.85 ( -2.60 % ), NSE: Rs. 162.30 ( -2.93 % )
I agree with you. Due to windfall tax fear RPL, RIL will trade even lower. IOC does not have funds to buy crude as its daily incurring losses are Rs413 cr. Govt has to find solution and Windfall tax could be a reality.
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