Monday 6 October 2008

BPCL likely to loose value: D Dutta

Devangshu Dutta, Consulting Editor of Outlook is of the view that Bharat Petroleum Corporation, BPCL is likely to loose value.

Dutta told CNBC-TV18, "Metals could drop a little further; one potential short because it defied the market is BPCL, it hasn’t lost any value in the last week or so, so given what has happened to other refiners, sooner or later its likely to loose value."

Source: MoneyControl

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