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Earnings in line; high GRM levels unsustainable: JM Fin

Mehul Thanawala, VP-research JM Financial says, in an analysis of RIL earnings on CNBC-TV18, that while the earning are in line with expectations the high levels of gross refining margins (GRM) are not sustainable in the long run.

first published: Jul 19, 2013 08:30 pm

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