Companies like Aban, HOEC, Jindal drilling etc all have risen on the back of higher oil prices but Deep had some trouble with ONGC which might be the reason for its low PE in comparison to others.
UHUU: even i was wondering which ones to apply and which ones to leave as I have only enough money for one of them, your list is very helpful and I guess i would be going along with Focus. thank you for your analysis.
Irrespective to its peer, this company is well managed and has good fundamentals. Well established clients from government as well as private sector and also increase in oil prices will only contribute to its growth in the coming years. In my opinion, this is a must apply IPO.