RIL Q2FY13 RESULTS - IN LINE WITH EXPECTATIONS

By Premium Bureau

Reliance Industries, for Q2FY13, has posted very attractive numbers and our editor, Mr.SP Tulsian says that he is highly impressed with the performance!  Operational performance has been very strong and the overall numbers are very much in line with expectations.  He says that the buy back is history for the company as they have tasted blood at Rs.720 and may not want to buy any more at higher prices now. He expects that the stock price tomorrow, will show an increase of Rs.35-40 and is expected to rule around Rs.830 to 900 levels.