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RIL facing headwinds ahead
Apr 04: After a massive bull run, RIL seems to be headed towards a slowdown
8Refining capacity additions are running ahead of demand for the company. Then again, the light-heavy crude differentials have come down, impacting margins in RIL's units which have high complexity. GRMs are expected to be down, as a result
8There is a massive global expansion of petrochem capacity too, and margins are likely to shrink. What is more, low LNG prices have made the coke gasifiation exercise less economical.
8Telecom and retail are also showing signs of slowdown
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