Here they have clubbed all oil&gas PSUs.>'Curious case': Sell IOC, BPCL, HPCL, GAIL, Oil India, Petronet LNG shares, says Kotak. Here's why - BusinessToday
Basically they are giving an exit call for all oil -gas PSU(ioc-bpcl-hpcl-gail-oilindia-petronet).
They are stating whats been discussed here for ex. all of them moving to renewable,Petrochem,Gas and Capex under full swing.
The finding as per this analysis is - all of their diversifications are low margin hence they will have lower earnings going into FY26 etc.
What now fellas?..The stocks will die ?
D - Holding oil india.
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