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Wednesday, December 12, 2007

RIL - A true wealth creator



The oldest wealth creator.

Whats a portfolio without RIL. RIL is the most widely held stock in the world!! A feat in itself.

With interest in diverse industries like petrochemicals,oil and gas, polyester, retail, textile, SEZ, this behemoth is the largest private sector company in India with Highest market capitalization.

Investors have gained immensely from this company from decades and people will vouch for it.

Recent News
1. Global Acquisition plan of more than 10 billion dollars.
2. Entering Uranium Exploration business.
3. Huge expansion in retail with investment in tune of 25000 crore.
4. Biggest refinery to be started in March 8 months ahead of schedule.
5. Oil and Gas Exploration with huge success rate in KG basin.
6. Developing multi-product SEZ in gurgoan and mumbai.
7. Entering Jewellery business.
8. RIL ,GAIL joining hands for petro complexes abroad.

I am not delving too much into details of this company as every one knows about it.

All I would say is that as always it is geared -

"Towards A Quantum Leap"

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