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Bloomberg Quint

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Image Credit: Bloomberg Quint

Oil India — PL Capital's Top Pick To 'Buy' In Oil And Gas Space; Q1 Results Preview

  • PL Capital reiterates Oil India as their top pick in the oil and gas space with a target price of Rs 566 due to firm oil prices and consistent volume growth.
  • Oil India and ONGC are expected to report an 8% YoY decline in combined sales with flat Ebitda, while RIL's decline in sales is offset by better contribution from non-oil segments.

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