Oil prices at 7-month lows. Here is how they would impact oil stocks

Everytime around Reliance Industries NSE 0.59 %’ AGM, there are hopes that the oil-to-telecom major would announce listing plans of its key businesses namely telecom and retail. Last month was no different.

Kotak Institutional Equities, which sees arm listings in the next 2-3 years, said this is among issues that the group will have to grapple with over the next 1-2 years as it prepares to list its retailing and telecommunications subsidiaries and induct members of the third generation of the founding family into more prominent roles in the group.