What Do Brokerages Have To Say?Nomura expects Bharat Petroleum to deliver a strong fourth quarter. The company stands to gain from rising refining margins, a significant 65% increase in marketing margins to Rs 4.8 per litre, and inventory gains due to higher crude prices, according to the brokerage. Nomura expects the overall Ebitda of Hindustan Petroleum to gain 2.4 times sequentially to Rs 5,240 crore.Prabhudas Lilladher expects Hindustan Petroleum’s operating profit to improve…
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Profit May Rise 44% After Crude Throughput Improves
