Profit

Ramp up in gas output positive for RIL

PUBLISHED ON: March 9, 2011 | Duration: 4 min, 09 sec

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Sushil Choksey of Rosy Blue Securities says there were indications that Reliance will be able to raise the gas output to 80 mmscmd. Taking the first level to 63-65 and then taking it to 80 mmscmd is welcome not only for RIL's earnings but a relief to so many industries in India in view of the current oil scenario, he added.
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