this year (1) modi government wins and comes again with record majority...(2) this year bse sensex 1,25,000 and nifty 38,000...(3) this year iocl will trade in range rs 240 to rs 500 post election...(4) net profit for current financial year will be more than rs 50,000 crore and eps will be more than rs 45 to 48 per share (5). dividend rs 22 to 24 per share will be declared as per 50 percent pay out policy (6) this year inclusion of petrol diesel is under consideration of government, and if finalized, iocl will trade above rs 2,500/- per share. (7) nomura, clca, jeffrey and major brokerage have given srong buy target for rs 240/- to rs 280in coming sessions ...fiis and indian brokerage are strong bullish on iocl (8) iocl owns assets value more than rs 80,00,000 crore vs market cap is only 2 lac crore means iocl is being traded at less than 40 times lesser ie potential to upward trend for 40 times
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