Shares of India's state-run oil refiners surged up to 5% after analysts at Macquarie and Goldman Sachs raised ratings and ...
Although Goldman Sachs sees earnings risks to these companies driven by lower discounts on crude oil prices and LPG ...
Sri Lanka’s lubricants market has been significantly strengthened with the formal entry of HP Lubricants, part of Hindustan ...
Jefferies has cut its price target on BPCL to ₹330 to ₹370 earlier and for Indian Oil to ₹150 from ₹170 earlier, although it ...
Budget documents indicated that the LPG subsidy for the financial year 2025 was allocated at ₹14,700 crore, but this amount was decreased to ₹12,100 crore for 2026.
HPCL share price plunged as much as 7.58% to ₹318.70 apiece, BPCL stock price declined 5.20% to ₹242.30, while IOC shares cracked as much as 4.30% to ₹120.10 apiece on the BSE.
Indian Oil, Bharat Petroleum, and Hindustan Petroleum shares dropped 2-4% as the budget failed to provide the expected ...
Shares of HPCL and BPCL led the gain with more than 3% surge during the early session. Nifty Oil and Gas index was among the ...
The Nifty Oil & Gas index was one of the worst-performing sectoral indices in trade on Monday. The index fell to an intraday ...
The under-recovery burden for OMCs stands at Rs 14,330 crore for IOCL, Rs 7,600 crore for HPCL, and Rs 7,230 crore for BPCL ...
Indian Oil, BPCL and HPCL shares are falling today after Jefferies in its latest report cut the target price on OMC stocks.
Ltd reported a significant rise in profits for the December quarter, with an over twofold increase in profit after tax. Revenue grew threefold, and delivery volumes saw a 27.8% rise. The company ...