RNRL is in the news for its ongoing legal tussle with Reliance Industries,which reliance ind has won.
However two fact that is overshadowed or ignored is that
RNRL is the second largest coal bed methane (CBM) player by acreage in the country. The company has been awarded four blocks (acreage of 3,251 square kilometers) for exploration and production of CBM.
In addition, RNRL has won a block in Mizoram under the New Exploration Licensing Policy (NELP)-VI for exploration and production of oil and gas.
so idiots and jokers are recommending to exit from the stock
just apply your mind and read this twice and also you can read all this in the latest balance-sheet of RNRL.
OUR MANTRA-buy on declines for next decade opportunity
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