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Bad news withstanding, why are "buy" orders out for oil companies?
Sep 06: In the midst of a plunging Rupee, stagnant domestic production of oil & gas, unsure GRM predictions, questions over whether current marketing margins are sustainable, the possibility of price caps on diesel and petrol prices and even falling share values, why are  analysts still putting out "buy" orders on all oil company stocks?
8Already, a Rs 3-4/liter increase in prices are needed as of now to keep marketing margins of oil marketing companies' normative margins at Rs 2.70/liter for petrol and diesel, and yet the sentiment continues to remain bullish
8What is the explanation for it?
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