Prabhudas Lilladhar
We increase our earnings estimates for FY21E to factor rise in global crude oil prices given production cuts by OPEC countries and similarly for FY22/23 to factor in lower cost. Global crude oil and gas prices will likely remain weak given uncertain demand environment plus new supplies may come in Mar-21 when production cuts get reviewed; accordingly, we factor in USD45/55/bbl...
Oil And Natural Gas Corporation Ltd.'s price crossed below 50Day SMA today
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