RIL stock price fall excessive, offers good entry point: JPMorgan
Jul 01, 2022 · In a note to investors, it said the fall offers an attractive entry opportunity. It said RIL would have strong underlying cash flows and earnings even after paying export tax. RIL's export-oriented refinery would have to pay export tax, JPMorgan said, adding that the export tax works out to $27 per barrel on diesel and $13 per barrel on gasoline.
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