LPG & kerosene need to be totally decontrolled for OMCs to get full value: Ambareesh Baliga
Ambareesh Baliga, VP, Karvy Stock Broking Ltd. in an interview with ET Now talks about OMCs.
Your views on these OMCs stocks and any particular pick within the pack?
All the positives are already there in these stocks after the sort of run up which we saw because it was a partial decontrol and unless you have the LPG and kerosene totally decontrolled, there is no way these stocks can get their full value. As of now it is done, I do not see much, even upside from here for these stocks.
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