BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America maintains neutral on Reliance Industries
Exploration and production set to turn around in FY15. KGD6 gas price hike from April 2014 likely. KG D6 acreage relinquishment may cut reserves by 14 per cent, but estimated hit to RIL's FY13-16 earnings per share may be just 0.9-1.7 per cent. Target at Rs 920.