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Oil & Gas sector in 4QFY15: Higher GRM and auto fuel margins to benefit OMCs

Motilal Oswal expect refiners to report high profits led by uptick in GRM and largely flat crude prices leading to minimal/nil inventory impact. They model 4QFY15 financial results for BPCL, Cairn India, GAIL, GSP, HPCL, IOC, IGL, MRPL, Oil India, ONGC, Petronet LNG, and Reliance Industrie...
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