Reliance, BPCL, HPCL, IOC in a multi-year re-rating and earnings upgrade cycle, says Morgan Stanley
Reliance Industries, BPCL, HPCL and IOCL are in the early days of this re-rating given tight fuel supplies and rising availability of challenged crude, foreign brokerage firm Morgan Stanley said in a report.
DNA News Desk
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Reliance Industries, BPCL, HPCL and IOCL are in the early days of this re-rating given tight fuel supplies and rising availability of challenged crude, foreign brokerage firm Morgan Stanley said in a report.
