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A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

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Oil & Gas Exploration

Reliance Industries announces a Bonus of 1:1 !…Now ! Now ! Now !

Reliance surprised all yesterday with a post market bonus declaration of 1:1….It last gave a bonus in 1997…and before that in 1983 and 1980 Dhirubhai Ambani,the Founder was the dramatic architect for all these bonus issues…but he passed away in 2002……Investors were like Children in those days…and the father was Dhirubhai !….his bonus announcements were always …

Reliance Industries announces a Bonus of 1:1 !…Now ! Now ! Now ! Read More »

IPO OF OIL INDIA LTD (OIL)…Upper band Price of Rs 1050 appears fair but there’s not much listing Upsteam for this Upstream Oil PSU

This is a  Scan of the OIL IPO I like OIL…Rs 1050 (FV Rs 10) Upper band Price appears fair…but I would await Listing before consdering any meaningful exposure In it’s continuing disinvestment exercise now the Government wants us to explore OIL with it…but at an upper band IPO price of Rs 1050…OIL will raise Rs 2777 crs at this price …

IPO OF OIL INDIA LTD (OIL)…Upper band Price of Rs 1050 appears fair but there’s not much listing Upsteam for this Upstream Oil PSU Read More »

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