BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA upgrades Oil India to buy
CLSA has upgraded Oil India to "buy" with a target price of Rs 450. Higher earnings per share to drive increase in our PE estimates. Cess rate is effectively lower than our estimates. Oil India is a crude-price recovery play.