Essar Oil Ltd Stock Quotes and Charts
essar oil is trading nw at 132. should i buy it????. what is the expecting target after 6 months/1yr????
HDFC Security is giving Buy Call for Essar oil for Target of 191.<br>Essar Oil is set to emerge as India`s third largest oil refining company and one of the most complex refineries worldwide. While refinery expansions will result in<br>~US$3/bbl premium over Singapore complex GRM (Dubai crude), strategic focus on product evacuation will help maintain high capacity utilization. The company is strengthening its presence in the E&P segment. While production from Ranigunj<br>CBM block is to commence in Q4FY10E, other E&P assets in petroliferous regions could hold potential upsides. Driven by higher GRMs, we expect EBITDA margins to improve from 3.1% in FY09 to above 10% by FY13E. Our target of Rs191/share provides an upside of 41%.
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<b>Buy@ Rs 63.55 For target of Rs 69 In Intra-day.</b><br><br>Buy Essar oil above 64....target 69....stoploss @ 61
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