HPCL, BPCL, IOC shares rally as brokerages raise price targets
Updated : March 29, 2019 11:08 AM IST
Citi Research initiated a ‘buy’ call on HPCL and raised price target to Rs 310 from Rs 285 per share. The brokerage believes that the OMCs now offer an attractive investment opportunity.
HSBC echoed similar views and raised its price targets for all the three OMCs.