BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Short (1M)
Nirmal Bang Recommends 'Sell' On Bharat Petroleum
According to Nirmal Bang, Bharat Petroleum Corporation's interest costs are set to increase in the coming quarters amid a weak GRM (gross refining margin) environment. That is expected to exert pressure on cash flow and lead to increased debt for the company, the brokerage adds.