Monday, March 2, 2009

RIL & RPL Merger Analysis

Reliance Industries (RIL) merger with Reliance Petroleum (RPL) Analysis
- Today’s is the RIL board meeting for RIL and RPL merger.
- RPL SEZ status will be intact
- Post merger, Promoter stake in RIL will come down to 47%.
- Chevron has confirmed selling his 5% stake in RPL to RIL because he believes that refined product is not that attractive due to low demand.
- Merger is having ratio of 16:1(RPL: RIL) and which is in favor of RPL Investor not for RIL investor.
- No Tax relief to RIL

Conclusion:
- Performance of any companies will no be affected
- Creating value for Share Holder as its Dhirubhai strategy
- Flexibility, Financial position and Cost Efficiency will result out of merger
- If RPL is above 71 then try o to book profit and buy RIL directly from market on lower rate as its trading lower today.

at 11:33 AM
Labels: , ,

No comments:

Post a Comment

BSE Holidays 2009 | NSE Holidays 2009

Day Date Holiday
Thursday8th January 2009Moharram
Monday26th January 2009Republic Day
Monday23rd February 2009Mahashivratri
Tuesday10th March 2009Id-E-Milad
Wednesday11th March 2009Holi
Friday3rd April 2009Ram Navmi
Tuesday7th April 2009Mahavir Jayanti
Friday10th April 2009Good Friday
Tuesday14th April 2009Dr. Ambedkar Jayanti
Friday1st May 2009Maharashtra Day
Monday21st September 2009Ramzan Id
Monday28th September 2009Dasera
Friday2nd October 2009Gandhi Jayanti
Monday19th October 2009Diwali ( Bhaubeez)
Monday2nd November 2009Gurunanak Jayanti
Friday25th December 2009Christmas
Monday28th December 2009Moharram

Disclaimer


bestinvestmenttips.blogspot.com an independent publisher of Trading and Investment advice provided for the education of traders and investors. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. The information provided herein is not to be construed as an offer to buy or sell securities of any kind.3We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.