The company stands in a sweet spot with projects being implemented on time and greater visibility seen on monetization of assets in the coming quarters.
Ruchi Agrawal
@ruchiagrawal
Hindustan Oil Exploration Company (HOEC) is a pure exploration and production player in the oil and gas space. The company stands in a sweet spot with projects being implemented on time and greater visibility seen on monetization of assets in the coming quarters. With the government announcing the second stage of auction of discovered small fields as well as putting forth a proposal for allowing private firms to bid for a majority stake, HOEC stands well positioned to benefit.
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