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Morgan Stanley says BPCL sale could improve margins, drive cost efficiency

Updated : November 21, 2019 11:47 AM IST

The stake sale to a non-State Owned Entity could re-rate sector multiples, improve marketing margins and drive cost efficiencies for Oil Marketing Companies
The divestment has the potential to re-rate the sector, and unlock $15-25bn value for fuel marketers
Morgan Stanley says BPCL sale could improve margins, drive cost efficiency

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