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BPCL shares rally over 4% on upgrade by Jefferies, target pr
BPCL shares rally over 4% on upgrade by Jefferies, target pr
BPCL shares rally over 4% on upgrade by Jefferies, target price set at Rs 890
Jefferies upgraded BPCL stock due to a steep discount and less impact from marketing losses in diesel till national elections. Target price of Rs 890 set, valuing it at 2.8x fwd P/B for 14% ROE in FY25.
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