Friday 24 June 2011

MID-CAP-RIIL


STOCK ACCUMULATE ON EVRY DEEP
Reliance Industrial Infrastructure- MID CAP
·      Reliance Industries directly holds 45.45%
·    Recently Reliance Industries has acquired 74% stake in Bharti AXA Life and Bharti AXA General Insurance. Out of this 74%, 17% stake is acquired by RIIL
·      RIIL as a company has net worth of Rs 200 crores, out of this, Rs 170 crores is a cash.
· Company owns roughly 56 kilometers of pipeline to transport the crude oil from Chembur to Patalganga plant.

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