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Buy BPCL, target of Rs 526: Indiabulls Securities

Posted on: July 8th 2009 in Brokerage Recommendations.

Indiabulls Securities Research has recommended a buy rating on Bharat Petroleum Corporation (BPCL), with price target of Rs 526, in its report dated July 1, 2009. “With crude oil prices hovering at around $ 70 per barrel levels, we expect the under-recoveries for PDS kerosene and d…

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