Markets

Oil India shares rise on strong Q3 results

Published February 12, 2018 Updated February 12, 2018 05:23am

Deutsche Bank analysts reiterate 'buy' rating on expectations of higher oil net realization driven by rise in global oil prices; PT of 455 rupees.

Analysts at Jefferies maintain 'buy' rating with PT of 465 rupees, on account of Oil India's good qtr, with EBITDA up 27 pct q-o-q.

13 of 26 brokerages rate the stock "buy" or higher, eight "hold" and five "sell" or lower; their median PT is 384.50 rupee.

Copyright Reuters, 2018