A few months ago, when oil prices firmed, the stock was seen as a proxy to higher oil prices, said Kotak.
GAIL (India) shares sink 5% on Kotak downgrade; says run-up driven by optimism, not fundamentals on January 2, 2024 at 8:21 am
A few months ago, when oil prices firmed, the stock was seen as a proxy to higher oil prices, said Kotak.