Hi sankaranarayana,

Thank you for your query on "Reliance". Platinum member "kranbhan" has recently posted a message on this stock. Hope you find this useful.

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Oil Ministry does not know anything about RIL/Oil

RIL I would not trust with my opens, they are the only business group benifitted much out of the licence raj and they are still. Would rather wait for some decent correction.

no avoid is better

it is a goodshare for longterm

We do not have reliance. nO dIVIDEND, DOWNSIDE IN STOCK PRICE NO NEW TRIGGERS.

Govt should curtail the powers of CAG and it should be made acountable to wrong reports by which CAG is blackmailing the govt as well as industries unnecesseraly.

After Dhirubai Ambani this stock has no value. Mukeshbhai is interested in destroying its own empire, as like his brother.

next year target 1000

money makes money & Reliance management is smart enough to make money

playing with public money and creating personal wealth

so many news coming for and against RIL, does not mean that the asset valuation, strong output and performance and diversification and good management are being the positive factors, for the long term- I feel it good to be part of it, for long term.

Reliance is traditionally a company which has lived off by just manipulating government policies to its advantage. I don`t see this as ethical because somewhere this leads to suspicions of nexus with politicians and bribe money. I would ever touch a reliance stock no matter what potential it holds as long as they cannot bring in foreign revenues for India through innovation.

Performance audit is must because KD basin were leased out by Govt of india and justify whether exploration of the well were done as per stringent norms, if any stipulated at the time of auction papers. A recent case of Rajat Gupta is a glaring example for inside trading. If lot of good works were under your belt you can not say I did a lot for the nation building and philanthropic works . It must see the interest of the share holders. Performance audit is a must to arrive at a right decision.

Mr.kr_nambiar,,,,,I agree with your point the work is not easy/without tech.audit there can not be fin.audit.There are many things have to be cleared before financial audit. avin 57