Thu, Aug 5, 2021 11:19 PM by Currency Times

Analyst Corner: Maintain ‘buy’ on HPCL with unchanged PT of Rs 370

But the outlook on diesel is mixed with India demand still down 10% y/y and weakness in global aviation fuel demand (-40% y/y). We expect refining margins to go back to their past cycle average in 1HCY22. Key takeaway: HPCL reported a 9% EBITDA beat. Operating results were weak with a large miss in refining […]

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