RNRL wins over RIL – RNRL up by 18 percent and Ril down by 5 percent

Monday market started today with a big bang in which RIL was down by 5 percent as the Mumbai High Court gave verdict favourable to RNRL over the KG basin D6 gas, they have asked RIL to supply gas to the latter to the tune of 28 mmscmd for 17 years at a price of USD 2.34 per mmbtu instead of USD 4.2 per mmbtu.The next action might be from RIL in gettign this case to Supreme Court.