Oil India shares rally 5% as Avendus sees stock doubling over 3 years
- Posted on June 11, 2025
- By Business News Today
- 3 Views
Oil India shares rally 5% as Avendus sees stock doubling over 3 years
Oil India shares rose 5% after Avendus Spark gave a "buy" rating with a Rs 630 target, citing volume-led growth and strong earnings potential. The brokerage sees upside despite recent oil price corrections and highlighted ongoing capacity expansion and production visibility. Technicals show bullish momentum.
