Betting On RIL In Oil & Gas: Kotal Institutional Equities
  • Elizabeth George
  • Sep 11 2013

September 11: In the oil and gas space, Reliance Industries looks attractively valued now, with expansions in petchem and the E&P segment likely to be key driver, says Sanjeev Prasad of Kotak Institutional Equities. Referring to the war of words between Cairn and ONGC, he says the two companies need to decide on exploiting the Barmer block. The organization has an ‘Add’ rating on Cairn and a ‘Buy’ rating on ONGC as both companies have good valuations, he says.