Is BPCL overrated as oil & gas play?
Longer term BPCL NSE -0.84 % privatisation will show us what the real value of such PSU companies is as they have a bunch of operations and can separate value with individual operations at a much higher level, says Deepak Shenoy, Founder, Capital Mind.
What is the outlook when it comes to PSU divestment that is picking up steam?
As an oil & gas play, BPCL is overrated. When crude prices go up, the inventory valuations of what we have will go up. Assuming that in the next two days, crude does not crash, we will see a lot of these guys report very good results on the back of higher inventory gains.
