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PSU stock rallies 15% in 2 days on robust Q3 results; analysts see up to 20% upside
The firm produced 0.81 million tonnes of crude oil in October-December, up from 0.75 million tonnes a year back. Gas output also increased from 0.79 billion cubic metres to 0.8 bcm. It sold 1.41 million tonnes of oil and oil equivalent gas in the quarter as opposed to sales of 1.35 million tonnes a year back.