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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
CLSA downgrades Oil India to underperform
CLSA has downgraded Oil India to "underperform" from "buy". Oil India's earnings may fall by 13-25 per cent. The stock building a scenario of $45-50 per barrel for Brent crude, which is unlikely to happen. See further earnings downgrade of 44 per cent in coming years.