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2 May 2009

Reliance Industries Advice by MACQUARIE RESEARCH


Reliance Industries Advice by MACQUARIE RESEARCH suggests that it has a 12 months price target of Rs2,035.00 and same is based on a Sum of Parts methodology and Catalyst for the same is due to new oil and gas finds and enhanced clarity on organised retail.

2. It has initiated an Outperformer rating for the stock and has suggested it as their top pick in the India oil & gas sector.

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