Jefferies backs rally in oil marketing stocks despite margin declines

With a Goldilocks outlook and the expectation of OMC multiples returning to past peaks, BPCL offers the greatest margin of safety. It upgraded BPCL to Buy and increased its target price to Rs 890 a share. With a Goldilocks outlook and the expectation of OMC multiples returning to past peaks, BPCL offers the greatest margin of safety. It upgraded BPCL to Buy and increased its target price to Rs 890 a share. Moneycontrol Latest News Read More

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