BOC upgraded to "buy" - update | newratings.com

BOC upgraded to "buy" - update | newratings.com: "In a research note published this morning, the analysts mention that the company is well positioned to benefit from the favourable trends in the industrial gases sector going ahead. BOC is witnessing the best rate of improvement in the industry in terms of RoCE and asset quality, the analysts adds. The improvement in the company’s sustainable growth is driven by lowered operational risks, certain self-help initiatives and performance in Asia, Deutsche Bank Securities adds."