Reliance Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 24, 2015, inter alia, to consider and approve the standalone and consolidated unaudited financial results of the Company for the quarter ended June 30, 2015.
Pursuant to this, the Company has decided that the close period (i.e. closure of trading window) for the Insiders covered under the Company’s “Code to Regulate, Monitor and Report Trading by Insiders" would commence from 6:00 p.m. on July 16, 2015 and end 48 hours after the results are made public on July 24, 2015.
We expect Reliance Industries to report a GRM of US$9.4/bbl as compared to US$10.1/bbl reported in Q4 FY15. However, petrochemical spreads have improved during the quarter.
Crude oil production from MA-1 field and gas production from KG-D6 field are likely to see moderate declines on a qoq basis.
We expect Reliance Industries to report a GRM of US$9.4/bbl as compared to US$10.1/bbl reported in Q4 FY15. However, petrochemical spreads have improved during the quarter.
Crude oil production from MA-1 field and gas production from KG-D6 field are likely to see moderate declines on a qoq basis.
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