Reduction in material costs and other expenses aided growth in EBITDA (+64.1% YoY to Rs. 11,282cr). Resultantly, PAT also rose 144.6% YoY, further helped by lower D&A; and interest costs. With sharp recovery in crude oil prices in FY21, we expect the segment to witness further growth in coming quarters. Upward revision in Gas prices and any improvement in demand scenario should boost the performance further. Therefore, we reiterate our BUY rating on the stock with a revised TP of Rs. 145 based on SOTP valuation....