Jal Irani

Not just Jio: Reliance at 8-yr high but it's 'only breaking out'

Shares of Reliance Industries zoomed over 10 percent in trade Wednesday, a day after the company‘s chairman Mukesh Ambani disclosed new tariff plans for its telecom arm Reliance Jio.

Edelweiss prefers IGL on strong volumes; likes OMCs but on dips

In an interview to CNBC-TV18, Jal Irani, Oil & Gas Analyst at Edelweiss Financial Services shares his top picks in the sector which are city gas distribution companies like Mahanagar Gas, Indraprastha Gas (IGL) and Reliance.

Mahanagar IPO at reasonable valuation, see vol growth: Jal Irani

According to Irani, Mahanagar witnessed a revival in its margins in FY15. He says that the margins will remain almost flat going forward but expects a healthy volume growth.

WTI-Brent spread narrowing: 'A boon for Indian refiners'

With the US Congress deciding to lift the ban this week amid a global oversupply situation, WTI has caught up with Brent -- sometimes even trading at a premium.

Petronet LNG underperform, says Jal Irani

According to Jal Irani, Oil & Gas Analyst of Edelweiss Financial Services, Petronet LNG is an underperform.

`Draft hydrocarbon policy to help GAIL, GSPL;hit Petro LNG'

The government has issued a new draft hydrocarbon policy under which blocks will be awarded on the basis of a simpler revenue-sharing model versus the earlier profit-sharing model.

Hold ONGC, BPCL may hit Rs 1030: Jal Irani

Jal Irani, oil & gas analyst at Edelweiss Financial Services recommends holding Oil and Natural Gas Corporation and feels that Bharat Petroleum Corporation may hit Rs 1030.

Worst over for ONGC, GAIL; OMC profits to go up: Edelweiss

The profits are poised to double over the next three years as the valuations, even after running so strongly, are not very expensive, Jal Irani, Oil and Gas Analyst, Edelweiss Financial Services told CNBC-TV18.

GSPL winning case sets precedent for GAIL Ruling: Edelweiss

"A 10 percent increase in tariff transmission leads to 20 percent improvement in bottomline for GSPL," Jal Irani, Sr VP - Wholesale Capital Markets, Edelweiss Financial Services.

ONGC to benefit more from gas price hike: Edelweiss

The government has fixed new gas price at USD 5.61 per million british thermal unit (MMBTU), increased from USD 4.2 per mmbtu earlier. This new gas price hike will be effective from November 1, 2014.

RIL to use US ethane instead of costly naphtha: Edelweiss

Jal Irani, senior vice-president - wholesale capital markets at Edelweiss Financial Services says US ethane will be a substitute for expensive propane and naphtha

Prefer Bharat Petroleum Corp among OMCs: Jal Irani

Jal Irani, Oil and Gas Research of Macquarie Cap is of the view that oil marketing companies (OMC) present significant value including Bharat Petroleum Corporation (BPCL). He further says, "BPCL presents even greater value than Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOC).

Jal Irani sees material opportunity in ONGC

Jal Irani, Oil and Gas Research of Macquarie Cap believes that it is worth looking at Oil and Natural Gas Corporation on account of fundamental reasons.

Cairn India may test Rs 324, says Jal Irani

According to Jal Irani, Managing Director -Oil & Gas Research of Macquarie Group, Cairn India may test Rs 324. "It has been allowed to explore in the extremely profillic Rajasthan Barmer region and it is adding two rigs every quarter, which is far more important in the longer term," he adds.

Buy OMCs, BPCL top pick: Macquarie Group

Bharat Petroleum Corporation (BPCL) is a top pick in oil marketing companies, says Jal Irani, Managing Director -Oil & Gas Research of Macquarie Group.

RIL Q1 on expected lines; target remains Rs 1100: Macquarie

Jal Irani of Macquarie says that with KG-D6 volumes halving YoY, the profit of Rs 5352 crore was expected.

Gas price hike: RIL's EPS to go up by 7-8% says Jal Irani

While ONGC and Oil India would be larger beneficiaries of this hike, Reliance Industries ' earnings per share (EPS) would also go up by 7-8% and that of ONGC and OIl India would be significantly higher. says Jal Irani, MD - Oil & Gas Research, Macquarie Group.