Page 1 of 1

RIL turns damp squib; infra stocks show promise

Posted: Thu Jul 26, 2012 4:02 am
by epicresearch
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 .