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Reliance Natural Resources
TARGET RS 150
Posted by :
mohitgTracked by: 0 Boarder
how can you be so sure about it in this volatile market ????
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In reply to:
TARGET RS 150
Posted by :
300567
IF 1000 IS NOT ACHIEVEABLE, 150 IS SURE IN NEXT 1 MONTH OR EARLIER 
TARGET RS 150
Posted by : 300567Tracked by: 0 Boarder
IF 1000 IS NOT ACHIEVEABLE, 150 IS SURE IN NEXT 1 MONTH OR EARLIER...
buy rnrl 1000 target within 3yrs
Posted by : piyushgupta1inTracked by: 0 Boarder
Well i think u are misguiding people
it will go up to 100000.....lol
hold it for loooong term...
In reply to:
buy rnrl 1000 target within 3yrs
Posted by : QLP
don't post some stupid on targets without any firm analysis.
Tracked by: 1 Boarder
Buy RNRL with all might. Sell everything and Buy RNRL. Day of reckoning is very near....
buy rnrl 1000 target within 3yrs
Posted by : QLPTracked by: 0 Boarder
don't post some stupid on targets without any firm analysis....
In reply to:
buy rnrl 1000 target within 3yrs
Posted by :
Guest
buy rnrl with a target of 1000...
buy rnrl 1000 target within 3yrs
Posted by : GuestTracked by: 0 Boarder
because he is stuck in F&O at Rs.107 (2 lots). You buy to help rnrl go past 110 and let him come out of fno with some profit.
I advise people to sell it at 95 so that I may have some profit to square up my shorts at 99 (4 lots)....
In reply to:
buy rnrl 1000 target within 3yrs
Posted by : Shi123
Can you explain why you think so.
rnrl demands 17 billion$ to scrap contrat
Posted by : GuestTracked by: 0 Boarder
as you say the courts are not so weak in our country still justice remains in india forever in some cases as you say strong will dominate weak but not in every times. please for god sake don\\`t under estimate our indian justice mara bharath mahan....
In reply to:
rnrl demands 17 billion$ to scrap contrat
Posted by : calculus
Pls also ask your local politician how sensitive cases are decided by courts.
If courts really meted out justice then half the Lok Sabha would be behind bars.
buy rnrl 1000 target within 3yrs
Posted by : Shi123Tracked by: 0 Boarder
Can you explain why you think so. ...
In reply to:
buy rnrl 1000 target within 3yrs
Posted by : Guest
buy rnrl with a target of 1000...
buy rnrl 1000 target within 3yrs
Posted by : nbarveTracked by: 0 Boarder
Do u have any technical reason for this?...
In reply to:
buy rnrl 1000 target within 3yrs
Posted by : Guest
buy rnrl with a target of 1000...
Reliance Naturtal Buy 352No. @ Rs.112
Posted by : Vijay MalikTracked by: 2 Boarders
Respected my adviser,
What will i do buy 352 rnrl @112 so i sell or Hold please tell me as soon as possible. ...
Sell quickly! down to 70 approx.
Posted by : GuestTracked by: 0 Boarder
comming days rnrl goes to Rs 70- 80 depends upon their polices and moments.
Night Warrier...
RNRL can go upto Rs 104-108: Bose
Posted by : GuestTracked by: 2 Boarders
will it reach Rs.110 at the end of this month?...
In reply to:
RNRL can go upto Rs 104-108: Bose
Posted by :
abhishek29
sell your 400 shares @ Rs 112-114 at the end of august and buy the 100 sep CA of rnrl to recover from huge loss.
buy rnrl 1000 target within 3yrs
Posted by : GuestTracked by: 0 Boarder
buy rnrl with a target of 1000...
...
RNRL can go upto Rs 104-108: Bose
Posted by : abhishek29Tracked by: 2 Boarders
sell your 400 shares @ Rs 112-114 at the end of august and buy the 100 sep CA of rnrl to recover from huge loss....
In reply to:
RNRL can go upto Rs 104-108: Bose
Posted by : subhasish1907
I bought 400 shares of RNRL @ Rs 237. How long should I hold this to make some money?
ambani vs ambani to calculus
Posted by : GuestTracked by: 0 Boarder
Khaleej Times Online >> News >> BUSINESS Ambani brothers' fight to get fiercerBy Virendra Parekh (India Monitor)
18 August 2008 Print E-mail
THE fierce corporate warfare between Ambani brothers of Reliance group is no longer a family affair: together, their companies contribute five per cent of India's GDP.
Well, the bad news is that the fight is all set to intensify in the coming months as both of them, backed by powerful friends in a weak government, will spare no efforts to swing policy decisions their way and place their own men in key positions. Their shareholders have so far had no reason to complaint, but that happy state may not last much longer.
For those who can view it lightly, the tussle between the Ambani brothers is no less riveting than any TV serial. As in a well-written thriller, the conflict seems never-ending and the fortunes of the rivals change so quickly that it is hard to tell who is winning.
Right now, all eyes are on Amar Singh, the powerful general secretary of the Samajwadi Party whose support is crucial for the survival of the UPA government. The new power behind the throne is well-known, among other things, for his proximity to the younger brother, Anil Ambani. Amar Singh has given enough signals that he would do his bit to make life difficult for Mukesh Ambani group, while trying to drive some policy changes that would benefit Anil Ambani group.
Of immediate concern to Reliance Industries (RIL), India's largest private sector company, are his demands to levy a windfall profit tax on oil producers and to scrap the export-oriented unit status (which entails substantial tax benefits) of such refineries. While the former would hurt players like Mukesh Ambani's RIL as well as Cairn India and ONGC, the latter is aimed clearly at RIL. His another demand, that FDI should not be allowed in retail trade, is also calculated to reduce chances of a foreign retail giant getting into Mukesh's retail venture and enabling him to de-risk his exposure.
Then there are demands which seem tailor-made to benefit Anil Ambani group. One such demand is that existing telecom operators should pay more for spectrum allocations in excess of 6.2 MHz. This would hit rivals of Reliance Communication (R-Com) like Vodafone and Bharti. As R-Comm is largely a CDMA operator, its spectrum allocation is below that figure. Keeping aside his Socialist pretensions, Amar Singh has kept an open mind on reforms in pension and insurance industries. These could benefit Reliance Capital.
Last month, it looked like advantage Mukesh. Mukesh Ambani's Reliance Industries had succeeded in scuttling the ambitious merger deal between Anil Ambani's R-Com and the South African telecom giant MTN. Anil Ambani wanted to swap his 66 per cent stake in R-Com for a roughly 50 per cent stake in MTN. The $70 billion merger would have created a global top-10 telecom giant stretching from Asia to the Middle East and Africa with a subscriber base of 116 million.
Mukesh, however, claimed that Reliance Industries had the right of first refusal over any sale of shares in his brother's company. R-Com contested the claim as baseless, but faced with potentially messy legal proceedings, in Indian courts notorious for delays, MTN got jittery and walked away. It is possible that the deal would have fallen through even without Mukesh Ambani's exertions. Even then, the fact remains that the row signalled a new low in relations between the feuding brothers.
Rows between the Ambani brothers are nothing new: they share the same magnificent apartment block in Mumbai, but use separate lifts to avoid running into each other. Before they parted company in June 2005, the Ambani brothers signed a family agreement to separate their businesses with Anil taking away new businesses and Mukesh retaining the older ones. The substance of the agreement was announced to the press by their mother Kokilaben Ambani. Later, RIL created a scheme of demerger, and four new companies were created, whose management control handed over to Anil.
The question is: Is this agreement signed between the brothers binding on the companies controlled by them? Anil Ambani has, on more than one occasion, accused Mukesh Ambani and RIL of violating the spirit of the agreement. Reliance Industries on its part has taken a clear stand that it is not bound by any agreement to which it is not a party.
Reliance Industries, however, swears by a set of agreements that it signed with the four companies (Reliance Communications Venture, Reliance Energy Venture, Reliance Capital Venture and Reliance Natural Resources) that were demerged on June 12, 2006 and their management was handed over to Anil Ambani. These agreements included an agreement for supply of gas by RIL to Reliance Energy as also a non-competition agreement. Anil Ambani challenges these agreements, saying they were signed in an unfair manner as the companies were still under RIL's control.
Interestingly, although RIL swears by these agreements including the one on non-competition, it has proceeded to set up gas-based power plants at its SEZ in Maharashtra and entered into a joint venture with Citibank for distribution of credit cards.
This history of relentless one-upmanship is poised to be played out all over again under the new power equations in New Delhi. This time, the fight promises to be bitterer because Anil Ambani is far stronger now than he was in 2005. In the last three years, Anil has made a mark for himself and his confidence in his advisers and close aides is far more today than what it was in 2005. Having a close friend like Amar Singh in such a key position would also boost his confidence.
For both the brothers, stakes are pretty high. Anil Ambani can look forward to real gains if he could swing things his way in the present ruling arrangement. To wit, the Dadri power project in Uttar Pradesh could become a reality if it gets the required supply of gas from Reliance blocks in the K-G basin. He can also hope for additional GSM spectrum for his telecom ventures. And if rivals like Bharti and Vodafone could be made to cough up sizeable extra money for the spectrum that they are already holding in excess of 6.2 MHz, Anil Ambani will have no reason to complain. Finally, an increase in the FDI limit in insurance from 26 per cent to 49 per cent will come as a shot in the arm.
For Mukesh Ambani, the priority will be to contain damage through adverse policy and personnel changes. He would no doubt fight any proposal for levy of a windfall tax on companies that benefit from high oil prices or withdrawal of export oriented unit status to RIL. At the same time, he could also be relied upon to work for freedom from the obligation to offer 40 MMSCMD of RIL's gas production from K-G basin to Anil's companies and permitting foreign direct investment in organised retailing that will enable him to de-risk his retail venture.
The shareholders of both the brothers have been remarkably lucky in that despite the fierce family feud raging between the brothers, they i.e. shareholders have so far had little reason to complain. They have earned handsome returns on their stocks.
However, the spat may have damaged India's reputation as a place to do business. "What's the message? That you have to ask Mukesh's permission before you do a deal?" asked one senior Mumbai banker. "It's not a very mature way of going about things, is it?" Instead of being coming across as captains of industry and community leaders, the brothers tend to be perceived as non-stop fighters. This perception may haunt them in less favourable times.
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