RIL turns damp squib; infra stocks show promise

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epicresearch
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RIL turns damp squib; infra stocks show promise

Post by epicresearch » Thu Jul 26, 2012 4:02 am

In his analysis of the day's trading, SP Tulsian of sptulsian.com tells CNBC-TV18 that RIL 's announcement of its target to produce 60 mmscmd gas over three-to-four years sent a wave of disappointment in the market which is desperate for specific goals that could be achieved in a shorter timeline.

Tulsian points out to the upsurge in the four ADAG stocks with Reliance Infrastructure performing better on promise of an upside of 4-5%.

The market analyst's picks for the day include four stocks from the infrastructure sector- Nagarjuna Construction Company , IVRCL , Lanco Infra and Suzlon .

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