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  1. In favour?
  2. Real player?
  3. 3Healthy?
  4. 4Smart money?
  5. 5Mgmt view?
  6. 6Right price?
Step 3 — Best in category

Refining & Marketing

Best fundamental pick in this category (cash-flow weighted). Pure plays rank above proxies.

Pure playcheapconviction 56funnel 84
Full fundamentals, intrinsic value, conviction & entry

Others in this category

StockPurityFundamentalsValuationConvictionFunnel
IOC.NSIndian Oil Corporation LimitedPure play 75%81cheap4678
RELIANCE.NSReliance Industries LimitedPure play 60%62expensive5349