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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
CLSA Maintains Underperform on BPCL
CLSA has maintained 'underperform' rating on BPCL for target price of Rs 900 per share. CLSA says that exploration and production risks are being ignored by the company and this could imply nearly 30 per cent downside from current levels. CLSA adds that stock price euphoria on oil price crack is misplaced.