
BPCL, HPCL, IOC: Up to 26% upside? Nomura raises target prices, prefers this OMC stock
Nomura India has upped its stock targets for oil marketing companies (OMCs) namely Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation (HPCL), with the brokerage suggesting preference for BPCL due to …