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Situation of HPCL, BPCL, IOC 'much worse' after excise duty cut on fuel prices: Moody’s

Updated : October 05, 2018 12:06 PM IST

The situation after the cut in excise duty on petrol and diesel is much worse for the OMCs than the pre-deregulation ear: Halan
The balance sheets of the OMCs are going to be quite a bit stretched now: Halan

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