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Despite windfall tax, brokerages remain bullish on oil & gas stocks; see up to 70% upside on ONGC, Oil India

Despite windfall tax, brokerages remain bullish on oil & gas stocks; see up to 70% upside on ONGC, Oil India

Mon, Jul 04, 2022

After the government announced export restrictions and imposed additional excise duty on petroleum products, brokerages feel oil production may hit upstream companies by under-realization. 

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