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India Equity Research Reports, IPO and Stock News
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Reliance Industries
Reliance Industries Ltd. (RIL) is scheduled to announce its 2QFY2012 results tomorrow.
We expect the company’s top line to increase by 42.0% yoy to `81,603cr during the
quarter, largely on account of higher refining and petchem product prices. We expect the
company to report gross refining margins of US$10. PAT is expected to increase by 19.0%
yoy to `5,857cr. We maintain our Buy view on the stock with a target price of `1,099.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Result Preview
Reliance Industries
Reliance Industries Ltd. (RIL) is scheduled to announce its 2QFY2012 results tomorrow.
We expect the company’s top line to increase by 42.0% yoy to `81,603cr during the
quarter, largely on account of higher refining and petchem product prices. We expect the
company to report gross refining margins of US$10. PAT is expected to increase by 19.0%
yoy to `5,857cr. We maintain our Buy view on the stock with a target price of `1,099.
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