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VERIFIEDET Markets·positive
Oil India shares jump over 5%. What made Emkay upgrade the stock after Q1 results
AI Summary
- ·Oil India shares increased by over 5% following strong Q1FY27 results.
- ·Emkay Global upgraded the stock to ‘Buy’, citing attractive valuations, higher crude production, and improving gas evacuation prospects.
- ·Elara Capital maintained a ‘Buy’ rating, while Nomura and Motilal Oswal kept neutral views.