BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
ICICI Securities Recommends 'Hold' On BPCL
According to ICICI Securities, BPCL share price factors in at least some of the concerns even as marketing margins are at supernormal levels. More clarity (likely in May'18) is awaited on key issues like whether OMCs would have to bear subsidy and how marketing margins pan out, according to the brokerage.