It is the time for RNRL

RNRL (CMP:Rs.79.10), if you observed our blog regularly you may notice that we are repeatedly saying about RNRL. This stock volume is in higher level since 15 days. Now it came out that RNRL is planning to foray into cement manufacturing and shipping business with an investment of Rs.12,000 cr. RNRL will invest Rs.10000 crore on cement business and Rs.2000 crore on shipping activities. RNRL foray into the cement and shipping activities will take 3-4 yrs time. It is a sweet news to RNRL investors who are waiting for the plans of the company. RNRL yet to solve the Gas issue with RIL. One can see some more action in RNRL counter today.