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Krish Shanbhag, Head-Research of Antique Stock Broking is of the view that one can buy Reliance Industries and Reliance Petroleum.

“From the oil and gas space we have covered two companies and we have buys on both these companies, which is Reliance Industries and Reliance Petroleum. We don’t cover the marketing companies so far but we are very positive on the refining side, we believe that there is Reliance, which would see significant growth in its earnings essentially because of commissioning of Reliance Petroleum and its exploration business. So we have buys on both of these companies essentially with a FY10 view, where we think there would be significant addition to the topline as well as bottomline because of these businesses.”

Source : MoneyControl

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