Nirmal Bang Upgrades BPCL to BUY, Sees 35% Upside

A financial company called Nirmal Bang thinks shares of an oil company, BPCL, are a good buy.

They believe the stock price could go up by a lot, about 35%.

They expect BPCL to do well because of good profits from selling fuel and growth in its gas business.

Nirmal Bang also expects more profits from their partnerships and by selling more fuel.

In a recent quarter, BPCL did better than expected in some areas but not as well in others.

The company's stock price went down a little bit recently, but it has gone up a lot in the last six months.