Deregularisation to have positive impact OMCs: C Jayaram
ET Now spoke to C Jayaram, ED, Kotak Mahindra Bank Ltd, to get his views on Kirit Parikh Committee report.
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| ET Now spoke to C Jayaram, ED, Kotak Mahindra Bank Ltd, to get his views on Kirit Parikh Committee report.
What do you make of the recommendations that have come out with Kirit Parikh Committee report, would it be factoring in too many positives or there is a perceptible change in the outlook for these stocks, the oil marketing companies, the gas companies such as an ONGC?
The Kirit Parikh Committee report is certainly a huge positive. The only moot question is whether the government will implement in toto or whether they will implement only parts of it but there is no doubt that if it is implemented, it will be a big positive not just for the oil marketing companies but for the broad economy in general.
What do you make of the recommendations that have come out with Kirit Parikh Committee report, would it be factoring in too many positives or there is a perceptible change in the outlook for these stocks, the oil marketing companies, the gas companies such as an ONGC?
The Kirit Parikh Committee report is certainly a huge positive. The only moot question is whether the government will implement in toto or whether they will implement only parts of it but there is no doubt that if it is implemented, it will be a big positive not just for the oil marketing companies but for the broad economy in general.
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