JPMorgan said that HPCL, BPCL, and IOC are likely to remain tactical plays in the near term, with their performance closely tied to further easing in oil prices. Among the three, the brokerage prefers BPCL and IOC.
JPMorgan said that HPCL, BPCL, and IOC are likely to remain tactical plays in the near term, with their performance closely tied to further easing in oil prices. Among the three, the brokerage prefers BPCL and IOC.