173.95 -1.90 (-1.08%)
NSE Oct 20, 2020 10:59 AM
Volume: 1.5M
 

173.95
-1.08%
ICICI Securities Limited
Reported GRMs during the quarter were at zero, lower than our estimate of US$3.8/bbl. Core GRMs were weak at -US$0.9/bbl while inventory loss was at US$0.9/bbl. Benchmark Singapore GRMs are currently at very low levels and marginal recovery was witnessed recently. Improvement in petrol & diesel spreads will be important for stable GRMs. We estimate GRMs at...
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Hindustan Petroleum .. has an average target of 280.25 from 8 brokers.
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