Research ReportsHPCL Remains Motilal Oswal's Preferred Pick Among OMCs, Here's Why
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HPCL Remains Motilal Oswal's Preferred Pick Among OMCs, Here's Why
The brokerage thinks that the best way to play a rangebound oil price environment with rising downside risks is OMCs, where HPCL is its preferred pick.
HPCL currently trades at 1.6x FY26E P/B, which offers a reasonable margin of safety.
HPCL petrol pump. (Photo: Vijay Sartape/NDTV Profit)
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