IlluMyFi

JM Financial reaffirms its buy rating for Oil India, setting a target price of Rs 615. The brokerage anticipates strong production growth and stable crude oil prices. Oil India's refinery expansion is expected to boost earnings. However, lower crude prices could impact profitability. The company's current market price is Rs 457.95.

Sentiment

-0.35

Bearish/Bullish

21.12.24 04:11

by economictimes.indiatimes.com

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India