Mar 12, 2024, 06:07 PM IST
Morgan Stanley expects gas market oversupply to reach multi-decade highs in the coming years, which will inflect demand in India and Southeast Asia.
Here's what Morgan Stanley suggests on 6 gas stocks:
Morgan Stanley continues with 'overweight' and raises the target price to Rs 213 from Rs 195.
The brokerage upgrades to 'overweight' and raises the target to Rs 522 from Rs 413.
Morgan Stanley iterates 'equalweight' and raises the target price to Rs 239 from Rs 219.
Continues 'overweight' and raises the target price to Rs 629 from 579.
Morgan Stanley maintains 'underweight' and raises the target price to Rs 298 from Rs 262.
Iterates 'overweight' and raises the target price to Rs 745 from Rs 487.
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