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Buy RIL, hold BPCL & Oil India: IIFL's Prayesh Jain

Prayesh Jain, IIFL says the house has a buy rating on Reliance Industries. Not only is the company seeing a benefit from the gas price hike but it has made huge investments in the core business of soft refining and petrochemicals, which will be profit accretive in the next couple of years.

first published: Dec 26, 2013 05:35 pm

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