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JMFINANCIL 
Reputation: 642,681 • May 29, 2023 5:21 PM
Buy Oil And Natural Gas Corporation, target price Rs 200: JM Financial
The brokerage has cut its FY24 PAT estimate by 5% and FY25 PAT estimate by 15% to factor in higher continued provision for SC/GST on royalty, higher dry well write-off, and weak FY23 results. Hence, it has further slashed its TP to INR 200/share (from INR 220/share).
The Economic Times
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NSE:JMFINANCIL price when posted: 71.55