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.