Q.
Which stock gives good return in two ,three months
Asked by guru sai,
18 Jan '09 08:13 am
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Answers (2)
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RIL
Reliance Industries (RIL), India's largest private sector company, is an integrated player in the oil and gas sector, with interests in Exploration & Production (E&P), refining, marketing and petrochemicals. In the recent past, RIL's gross refining margin (GRM), although superior to Singapore benchmark GRM, have been under pressure due to the global slowdown.
While the benchmark GRM is expected to see some recovery, the start of refining operations of its 70.4 per cent subsidiary, Reliance Petroleum (RPET) will help offset the decline in margins. RPET has a capacity to refine 0.58 million barrels of oil per day (BOPD), and would take RIL's consolidated capacity to 1.24 million BOPD in the refining business, which accounted for 56 per cent of profits.
The start of gas production from RIL's KG-D6 block, which is estimated to reach peak production levels of 80 mmscmd in the next 6-8 quarters, will also significantly contribute to the consolidated financials of RIL. Al ...more
Answered by antnkt, 18 Jan '09 08:20 am
Reliance Industries (RIL), India's largest private sector company, is an integrated player in the oil and gas sector, with interests in Exploration & Production (E&P), refining, marketing and petrochemicals. In the recent past, RIL's gross refining margin (GRM), although superior to Singapore benchmark GRM, have been under pressure due to the global slowdown.
While the benchmark GRM is expected to see some recovery, the start of refining operations of its 70.4 per cent subsidiary, Reliance Petroleum (RPET) will help offset the decline in margins. RPET has a capacity to refine 0.58 million barrels of oil per day (BOPD), and would take RIL's consolidated capacity to 1.24 million BOPD in the refining business, which accounted for 56 per cent of profits.
The start of gas production from RIL's KG-D6 block, which is estimated to reach peak production levels of 80 mmscmd in the next 6-8 quarters, will also significantly contribute to the consolidated financials of RIL. Al ...more
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