Hi JnJ,
Thanks for your reply with the additional information. Following are the volumes for RIIL and Jai Corp respectively on NSE and BSE at 2.21 PM today -
RIIL- 31,332 & 21,220
Jai Corp 26,862 & 28,888
It will be helpful if you can throw more insights on the following one by one
1) From your earlier reply I can get the feeling that SEZs will be the BOOM factor for both RIIL and JAI Corp stock (as I guess both are with same fundamentals as far as their business zone is concern)
2) The SEZs are likely to start from early next year? So we can expect a strong positive move in RIIL as well as Jai Corp (JC)?
3) For SEZs I guess it will require huge money to begin with so do you think that this money will be raised by increasing share prices?
Current Market Cap of RIIL is 2800 Cr. and if they try to increase the CAP by say 28,000 this means that share prices needs to be move up 10 times i.e. 2200 stock will be 22,000 Rs?
Also I appreciate your reply on this - do you think that it is likely to happen that RIIL will follow the paths of JAI COPR in respect to Price then BONUS and Split = 1-1 ?
IMPORTANT- there are many sties to do research and analysis on various stocks like RNRL, RPL, Idea, Power Grid but I couldnt find much info about RIIL and JC not sure why? Is there any good website suggested for such type of research?
Thanks once again & I really appreciate your reply.
Take care.
MiLiND
Your point wise reply is
1) Yes SEZs will the major factor for both RIIL and Jai, with RIIL may get added business of gas pipeline layout.
2)Yes strong positive move is expected in both Jai and RIIL.
3)Some money has already been raised (like Jai's block deal by promoter's to FIIs and then again preferential allotment to More FIIs at 1000 levels, there was preferential allotment to promoters also which will be diluted as and when more money is required by the promotors, RIIL may follow same path as Jai, but that is not necessary ). Beside this SEZs are backed by RIL which has huge reserves of money.
4) Yes if price increases so does the Market cap, You got it right there.
5) Will RIIL follow the same path as that of Jai in terms of Bonus/Split, cannot say right now, but very much likely.
6)No research is available for jai and RIIL , why, because these media persons or analyst dont want you to earn money, they will even not speak about it on any channel, they will eat all the malai and when there will be only 10-20% upside left then they will provide you with research report.
To do more research yourself, no particular website is there, keep on searching for every news available on the net and media on regular basis, try to analyze the Annual report of the company and try to join all the links together, no easy task but same goes for earning money in stock markets.
Regards
jnj