I am sensing something is cooking in RIL shares
Crude oil crashes
RIL was beaten until 1170 range next day
Suddenly the same afternoon RIL closes in green
That evening facebook deal
Next few days scrip reaches 1450 levels
Results post huge loss in oil business
Rights issue at 1257…meaning they artificially manipulated price to reach 1450 levels so that rights issue can fetch more money to them at 1257
Otherwise they would have to keep rights issue at 900 levels
Aramco deal failed
This facebook deal?