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  • Excess supply may lead to lower gas price in 2 yrs: JM Fin

    Mehul Thanawala, vice-president - equity research, JM Financial is bullish on ONGC. He sees scope in Gail in the long-term but has a hold on the stock at current levels.

  • ONGC to remain between Rs 250-270: Mehul Thanawala

    ONGC to remain between Rs 250-270: Mehul Thanawala

    Mehul Thanawala of JM Financial Institutional Securities expects Oil and Natural Gas Corporation (ONGC) to remain in Rs 250-270 range in the near term.

  • Under-recoveries a worry; buy RIL with 2-3 yr view: JM Fin

    Under-recoveries a worry; buy RIL with 2-3 yr view: JM Fin

    Mehul Thanawala of JM Financial Institutional Securities talks about upstream companies such as ONGC and GAIL, their under-recovery position and stock price. He talks about whether there is a possibility of a re-rating of the GAIL stock. He also shares his views on Oil India and Cairn.

  • RIL refining margin to reach $11/bbl ahead: JM Financial

    RIL refining margin to reach $11/bbl ahead: JM Financial

    Mehul Thanawala, VP, Research-Oil & Gas, JM Financial expects the oil and gas major to report flat Q4 gross refining margins (GRMs) at USD 9.5 per barrel versus USD 9.6 per barrel in the previous quarter.

  • RIL beats street with refining, petchem boost: JM Fin

    RIL beats street with refining, petchem boost: JM Fin

    Mehul Thanawala, vice-president – research, JM Financial Institutional Securities explains that the performance of the refining and petchem divisions aided Reliance to beat the street‘s estimates.

  • ONGC fall expected; production to be flat: JM Fin

    ONGC fall expected; production to be flat: JM Fin

    Mehul Thanawala of JM Financial explains to CNBC-TV18 that the fall in ONGC's profits was in line with analysts' estimates. Thanawala adds that according to JM Financial's analysis, the overall production for FY13 will be flat.

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