Core story intact; attractively priced

Company
07 Nov 2024
5 Min read 
  • Oil India's 2QFY25 financial results missed EBITDA estimates.
  •  Despite the miss, the core story remains intact.
  •  The company's standalone business is attractively priced.
  •  The company plans to drill 70+ wells in FY25.
  •  The company's TP is revised to INR660/share with a BUY rating.
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