Similar ventures of the past have got merged with RIL....

Is there any restriction in chevron having stake in RIL?...

Expect RPL to merge with RIL by that time....

Can Glaxo make 1300 this time?...

Bonus or no bonus HUL will hit year high soon....

Have any other reason for revising your target from 300 to 220 other than market correction?...

yes, these stocks are moving above 200 dma, along with phama sector....

Hi Guna, reasons for giving high target?...

where does it makes the difference if RPL is going to be productive RIL is no way less in to the profitability. There is nothing to be worried about of the merger..!...

Reliance Industries will never merge RPL till it does not cleans it balance sheet. RPL will start as the one of the biggest refineries in Asia and will start exporting to America, Europe, Africa and make good dollar gains with the depreciation in the currency. We believe, RPL in the next 12-18 months should make to the valuations of around 250-300 rs. ...

it cannot be merged with RIL till chevron has stake in RPL...

It could even breach this level soon and as this scrip is sitting on a huge pile of reserves, a liberal bonus could spring up soon by 1st quarter of 2009...