In its recent report on earnings of oil and gas sector, Angel Broking said it expected mixed profitability performance of the companies in this sector during Oct-Dec 2012 quarter. The brokerage expects the top-line of Reliance Industries (RIL) to rise 5.7 percent yoy on account of higher prices of petrochemicals. However, its operating profi
Tag: petrochemicals
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Brokerage expects mixed profitability of oil and gas firms
In its recent report on earnings of oil and gas sector, Angel Broking said it expected mixed profitability performance of the companies in this sector during Oct-Dec 2012 quarter. The brokerage expects the top-line of Reliance Industries (RIL) to rise 5.7 percent yoy on account of higher prices of petrochemicals. However, its operating profi
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$75 bn investment in oil & gas sector in 2012-17
India expects Rs 3.90 trillion ($75 billion) to be invested in its oil and gas sector from April 2012 to March 2017. The development plan incluÂdes exploration, production, reÂfining, marketing, storage,
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