RIL post Lyondell Basell acquisition will be much better company with globla foot print. this takeover will put RIL into top 5 petrochem company. further its Refinery, Gas & Oil production will also add to company`s performance.
With regard to dispute with NTPC & ADAG Group it seems company is like to be winner because the family MOU is unlikely have any value because company is diffrent from person which is basic rule. post acquisition the company will be a billion company and the fair value post bonus issue will be 1700/-. futher since After merger of RPL & start of Gas production will add to topline about 60000crores so lower margin of GRM will be offset by the new capacity.
As we know that the Ambani Group has sucessfully managed all majore projects so the acquisition of the Bankkrupt Lyondell Basell will boost the profitability of the company.
Investor should accumulate RIL shares on SIP basis so that even if the price come down Average cost of acquisition will also come down but with horizon of 1 year & above post bonus issue it will cross 2000/- per share.
One of key concern is that mobilisation of funds because the interest rate are on higher stage. the valuation is likely at Billion finally.
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