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Indian Oil Q1 Review - Strong Performance Driven By Inventory, Adventitious Gains; Core Weak: Yes Securities

The brokerage maintain Buy rating on the stock with a revised target price of Rs 215.

<div class="paragraphs"><p>IOCL, Indian Oil Corporation of India Ltd. signage at petrol pump canopy (Source: Vijay Sartape/ NDTV Profit)</p></div>
IOCL, Indian Oil Corporation of India Ltd. signage at petrol pump canopy (Source: Vijay Sartape/ NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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