Reliance Industries Ltd Stock Quotes and Charts
Dec 10, 2007-RWE Aust Business News<br><br>Uranium Exploration (ASX:UXA) has signed a farm-in arrangement with RIL (Australia).<br><br>RIL, a subsidiary of Reliance Industries, India, will take 49 per cent of four of UXA's exploration licences in South Australia and four in the Northern Territory for $3.45 million.In addition it will contribute its 49pc share of future exploration expenditures. <br><br>The two intend to pursue aggressive exploration on the tenements over the next three years with estimated outlay of up to $19.4 million.
The best indian stocks for 2008---<br>Hi All, <br>Wish you all a Very Happy New Year.<br>KCP Figures in Dalal street Journal Reccommendations for 2008.The portfolio is given respective weightage.<br>1.RIL 10%<br>2 Bharat Bijlee 9%<br>3 Sobha Developers 7%<br>4 KCP LTD 15%<br>5. Sesa Goa 10%<br>6. Power Grid 15%<br>7. Orchid Chemicals 5%<br>8. Texmaco 10%<br>9. Siemens 9%<br>10. India Bulls Finance 10%
Buy reliance ind cmp 2886 with strict stop loss of 2800 for short trem
Reliance Industries Ltd (RIL) and Oil and Natural Gas Corporation (ONGC) are reportedly working towards co-optition (where competitors work with each other) by sharing infrastructure and facilitating smooth operations in each other's exploration and production (E&P) activities. Indications are that RIL may offer rigs to ONGC in two or three locations in 2008-09. These rigs are mainly for undertaking exploration activities. The shortage of rigs for E&P activities has forced the two major players in India to come to the table for sharing rigs.
hii,<br>RIL will go 2 Rs 3350 within 10 Working Days. so take it in your portfolio.......<br>3150........3190.......3220....3280..........3315......and last acchive the target.<br>byyyyy
Reliance Industries net profit rises 188.64% in the December 2007 quarter .Sales rise 30.67% to Rs 34590.00 crore.Net profit of Reliance Industries rose 188.64% to Rs 8079.00 crore in the quarter ended December 2007 as against Rs 2799.00 crore during the previous quarter ended December 2006. Sales rose 30.67% to Rs 34590.00 crore in the quarter ended December 2007 as against Rs 26472.00 crore during the previous quarter ended December 2006.<br>
Buying is advised in Reliance Industries at Rs.2,500 levels for those who have a view till end of February. Even long positions can be created in F&O segment.
Long position can be created in Reliance Industries at Rs.2,600 to Rs.2,650 levels in February F&O series for a gain of Rs.250 to Rs.300.
wait wait...It can touch 2000Rs....I dont think its a Gud time to enter in this script....Wait for some time...
Reliance Industries will shut down nearly two-third of its 1,400<br>petrol pumps in next couple of weeks as it is unable to match the fuel<br>price offered by state-run retailers, who get compensated by the<br>government for selling fuel below the cost.<br><br>Reliance will close about 900 company operated petrol pumps and has<br>sent internal mails for a phased closure, industry sources said. The<br>company plans not to replenish petrol and diesel stocks once the<br>existing lot at its retail outlets get exhausted.<br><br>The owner of nation's largest refinery suffered huge losses despite<br>selling petrol and diesel at prices higher than the state-run<br>retailers Indian Oil, Hindustan Petroleum and Bharat Petroleum. On an<br>average, petrol from Reliance outlets costed between Rs 4 and 5 a<br>litre more than the PSU pumps.<br><br>Reliance still lost Rs 3.4 a litre on petrol and Rs 5.8 per litre on<br>diesel and had seen its market share fall from 14.3% to less than 1%<br>in diesel.<br><br>Public sector retailers too lose Rs 10.93 on sale of every litre of<br>petrol and Rs 14.66 per litre on diesel but the losses are made up by<br>issue of oil bonds by the Government and discounts from ONGC, GAIL and<br>Oil India. The same compensation is not given to the private retailers<br>like Reliance and Essar.<br><br>Reliance spokesperson was not immediately available for comments.<br><br>Sources said, the company had invested about Rs 4,000 crore in setting<br>up close to 1,400 retail outlets for selling petrol and diesel in the<br>country. Out of these, Reliance owns and operate about 900 outlets.<br>The remaining 500 dealer operated pumps would continue to operate.<br>Essar Oil which has set up 1,100 petrol stations in the country is not<br>closing shop as yet, so is Shell which operates a handful of outlets<br>in the southern India.<br><br>In Reliance's retail chain, transporters had invested over Rs 524<br>crore in a transport fleet of nearly 3,745 trucks, who after the<br>closure would idle.<br>
Reliance Industries net profit rises 37.12% in the March 2008 quarter <br><br>Sales rise 43.99% to Rs 37286.00 crore <br><br>Net profit of Reliance Industries rose 37.12% to Rs 3912.00 crore in the quarter ended March 2008 as against Rs 2853.00 crore during the previous quarter ended March 2007. Sales rose 43.99% to Rs 37286.00 crore in the quarter ended March 2008 as against Rs 25895.00 crore during the previous quarter ended March 2007. <br><br>For the full year, net profit rose 62.92% to Rs 19458.00 crore in the year ended March 2008 as against Rs 11943.00 crore during the previous year ended March 2007. Sales rose 19.47% to Rs 133443.00 crore in the year ended March 2008 as against Rs 111693.00 crore during the previous year ended March 2007. <br>
Reliance Industries Ltd has informed that the Register of Members & Share Transfer Books of the Company will remain closed from May 10, 2008 to May 17, 2008 (both days inclusive) for the purpose of payment of dividend<br><br>Reliance Industries - AGM on Jun 12, 2008<br>Reliance Industries Ltd has informed that the 34th Annual General Meeting (AGM) of the members of the Company will be held on June 12, 2008.
OUR INTRADAY RECOM ARE SUCCESFUL<br><br> RELIANCE CAPITAL - 1260 PAR KAHA THA 1312 JAKAR AYI<br>JINDAL STEEL- 2085 PAR BATAYI THI OR 2125 JAKAR AYI<br>RELIANCE IND - 2504 PAR RECOM KARI 2540 HO GAYI <br>
Report on gas sector in India. Looks like everything in India will<br>soon be powered by gas.<br><br>That will make Reliance Industries Ltd a bigger player than what it is already.
RELIANCE Industries (RIL) will soon join the big league once its refinery and offshore gas fields begin production, chairman Mukesh Ambani told shareholders on Thursday. <br> "Reliance is now on the verge of a quantum leap in one of its several growth platforms energy. Two very large projects founded on the energy growth platform will be commissioned in the second half of this financial year. They are historic milestones in Reliance's leap to global heights," Mr Ambani said at the company's 34th annual general meeting in Mumbai. <br> The $5.7-billion refinery at Jamnagar Export Refinery Project (JERP), with a capacity of 27 million metric tonnes per annum, will be the largest refinery site in the world once it starts before December this year. Commissioning of oil and gas production systems will amplify Reliance's stature in deep-water oil and gas space, Mr Ambani stressed. The East-West gas transmission system, built by Reliance Gas Transportation Infrastructure (RGTIL)and which connects major Indian towns and cities, is already setting new benchmarks. <br> "These projects will enable Reliance to become a major energy player. They are set to make a material difference to the global energy industry. And they will help transform India's energy security. In the process, Reliance is poised for a historic leap. From India's number one company to the world's leading energy giant." <br> Analysts, however, are more cautious in their assessment. Merrill Lynch in its latest research report dated June 10 on oil and gas has kept RIL's exploration and production valuations unchanged. The report said, "RIL-RNRL litigation could delay D-6 gas production start and ramp-up. Other than the execution risk, the biggest risk with the D-6 production and rampup is the RIL-RNRL litigation." <br> The Bombay High Court has restrained RIL from selling gas from Krishna Godavari (KG) basin to third parties. The next hearing is scheduled on July 22 when the court resumes after vacation. RIL shares on the BSE marginally gained 1% or Rs 22 to close at Rs 2281.75 over the previous day's close. The shares have gained 1.5% in the past one week and have lost over 10.5% in the past one month.
'If you don't like RIL stock, sell it' <br><br>MUMBAI: If you don't like the Reliance stock, sell them away," an irate Mr Ambani told a shareholder at Thursday's AGM pestering him about bonus shares. The shareholder argued that Mr Ambani is spending Rs 8,000 crore in building the world's costliest house, another Rs 600 crore to gift an aircraft to his wife and when it comes to rewarding the shareholders through bonus issue, he turns a miser. Mr Ambani tried to pacify him and invited him to have a cup of tea, but the shareholder carried on and warned Mr Ambani that he may come down to the earth one day. The shareholder also alleged that Mr Ambani did not stick to his words and has not awarded a bonus despite having promised one in the past few AGMs. This further angered Ambani and he banged on the dais and said, "Don't speak a lie at a corporate AGM. This is not a political meeting. The proceedings of every year AGM are recorded and I never promised any bonus issue. It is a decision to be taken by the RIL board. Corporates mein aisa hi chalta hai... (This is the way how corporates function)."
Mukesh must have got frustrated in making the shareholder see reason in his demand for bonus.just to satisfy a shareholder bonus cannot be issued and moreover realistically is bonus really such a great thing to have in terms of huge advantages?
RIL signs an agreement with UAE-based, Crescent Petroleum Company to jointly develop oil & gas projects in Middle East.
The Government asks Reliance to supply KG gas first to urea plants, LPG plants and existing power projects.
Reliance Industries may tie up with BP or Shell for bidding for new oil blocks under NELP VII round.
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