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RIL shares fall

January 20, 2011

Shares in Reliance Industries, India’s top listed firm, ended down 1.2 percent to close at 969.75 rupees on Thursday, as the BSE oil & gas index ended down 1.5 percent.

The shares have fallen significantly since November, when they were trading above 1100 rupees.

Reliance Industries is  set to post robust quarterly profits on the back of rising oil prices, which are also seen keeping its medium-term outlooks rosy.

Would you invest in RIL at this stage?

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