JM Financial downgrades HPCL, BPCL, IOCL citing unfavourable risk-reward; here's what the brokerage firm says
JM Financial has downgraded the stocks of HPCL to a sell from a buy with a revised target price of ₹370, Indian Oil Corporation (IOCL) to a sell from hold with a revised target price of ₹110, and BPCL to a hold from a buy with a revised target price of ₹450.
DNA News Desk
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JM Financial has downgraded the stocks of HPCL to a sell from a buy with a revised target price of ₹370, Indian Oil Corporation (IOCL) to a sell from hold with a revised target price of ₹110, and BPCL to a hold from a buy with a revised target price of ₹450.
