Large Cap 23 Feb 2012, 09:16 AM
Bharat Petroleum Corpn. Ltd.
Bank of America Merrill Lynch
|
Price when Post 621 |
Target Price 803 |
Return 29.3076% |
For full report |
Bank of America upgrades BPCL to buy
Target price increased to Rs 803 against Rs 601 per share. Shell’s entry in Mozambique positive given LNG experience. Raise FY12 EPS (earnings per share) by 21% on higher refining margin.