I have 1000 shares of RNRL at price of 143. what u think about the future aspect of this share. how low it can go & what will be the recovery time & where i quit ?
Reliance Petroleum - Media Release
January 15, 2008
Reliance Petroleum Ltd has announced that the Company has successfully completed the second year of implementation of its complex refinery, coming up in a Special Economic Zone at Jamnagar. The Company has achieved 82% overall progress in just 24 months since commencement of the Project. Based on the progress so far, the Company is on course to complete the project ahead of its initial schedule of December 2008.
During the quarter, project implementation gained further momentum and led to achievement
of several significant milestones, including the following: