BUY RPL

by putting only Idea about buy how can we follow?

You may write any logic or any potential to buy it.And if market goes up obviously RPL leads.

Try this site for latest stock market news.I found it very useful www.radialequity.blogspot.com

if U Follow TIps U Will Be forced To take tips.

CHAIRMAN’S STATEMENT, Saturday, 7th June, 2008, Jamnagar (Gujrat)

Our team is set to create a new world record for the construction of a large
grassroots refinery.

On completion, this mammoth project RPL will be the world’s 6th largest refinery.

With the existing RIL refinery at Jamnagar, it will have a total processing capacity
of 1.24 million barrels per day – the largest and most complex in the World.
And this will make Jamnagar the Refining Capital of the whole world.

During this year, the number of shareholders went up from close to12 lakhs to
nearly 20 lakhs.

RPL refinery is export oriented. Commissioning it will make India a global
petroleum products export hub.

This will also strengthen India’s position as one of the premier countries for
quality fuel products.

The RPL refinery will earn foreign exchange for the country by exporting its
superior quality products to America, Europe and Asian markets.

Ready For Start Up (RFSU) all areas Sep-08 Start-up planning in place

Commencement of Operations Dec-08 Operations preparedness ongoing

I am grateful to you, dear shareowners, for your overwhelming support and
unqualified confidence in your company and its leadership.
Thank you,
Mukesh Ambani
Chairman

Regards

StocksParivaar Team

StocksParivaar.com

RPL should only be bought for long terms investors who have a time horizon of more than 2 - 3 years,

presently it is not a momentum stock,it is range bound and can be bought below Rs.157.

for short term it is not a good stock as refinery margins are under pressure.

RPL started Trial on production process.

www.StocksParivaar.com