Whalesbook
Global brokerage Morgan Stanley has issued an 'overweight' rating on OIL India shares, anticipating a nearly 10% rise from recent levels. This optimism stems from factors like strong Numaligarh Refinery margins and robust domestic gas demand, despite some production growth cuts and revised EPS forecasts. Investors are watching closely after the stock's recent 10% decline over the past year, considering if this signals a buying opportunity.