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Stocks to Watch for March 4: ONGC, HPCL, Petronet, IGL, Cipla, Tata Motors CV, M&M and more
From all the Middle East-linked names, which continue to remain in the spotlight due to the Iran war, to stocks like Tata Motors CV, M&M, Affle 3I, these names should be on your radar going into Wednesday's trading session.
Petronet LNG jumps 1.5%, GAIL gains as Qatar plans rapid LNG production restart after Hormuz reopening
Petronet LNG Ltd. was trading at Rs 289.90, up Rs 4 or 1.40%, at 12:57 pm. GAIL (India) Ltd. also traded in positive territory at Rs 175.69, up Rs 0.28 or 0.16%, at 12:59 pm.
OMCs, Petronet gain on US-Iran peace hope; Nomura says reopening of Hormuz favours downstream oil & gas stocks
Nomura said OMCs, city gas distributors and Petronet LNG are likely to be the biggest beneficiaries of the reopening of the Strait of Hormuz following the preliminary US-Iran peace agreement. OMCs stand to gain through lower input costs and reduced LPG under-recoveries.
Petronet LNG, GAIL shares decline up to 8% as Qatar reports Iranian missile strike at Ras Laffan facility
Qatari authorities said that the Ras Laffan Industrial City was hit by an Iranian missile after four others were intercepted.
GAIL, Petronet LNG climb up to 2.5% after Kotak sees strong June quarter
Kotak said the June quarter has been ‘a turbulent quarter’ for the oil and gas sector as the ‘West Asia conflict’ led to ‘supply disruptions, along with elevated and volatile prices/margins.’
Buy Petronet LNG; target of Rs 360: Motilal Oswal
Motilal Oswal is bullish on Petronet LNG has recommended buy rating on the stock with a target price of Rs 360 in its research report dated May 05, 2026.
Accumulate Petronet LNG; target of Rs 310: Prabhudas Lilladher
Prabhudas Lilladher recommended Accumulate rating on Petronet LNG with a target price of Rs 310 in its research report dated May 05, 2026.
Middle East war impact: Petronet, GAIL decline up to 5% as Qatar Energy halts production at a key LNG facility
India imports about two-thirds of its liquefied petroleum gas (LPG) requirement, largely from the West Asia.
Gas stocks jump as supply fears ease after govt steps; Adani Total Gas surges 9%, MGL, Petronet LNG gain
Energy-linked stocks bucked the trend of broader market fall, with the Nifty Energy index rising about 1.9 percent and the Nifty Oil & Gas index gaining around 0.9 percent. The rally in gas stocks followed the government’s move to stabilise domestic fuel supplies amid geopolitical disruptions.
Buy Petronet LNG; target of Rs 365: Motilal Oswal
Motilal Oswal is bullish on Petronet LNG has recommended buy rating on the stock with a target price of Rs 365 in its research report dated February 14, 2026.
Petronet LNG, Mahanagar Gas shares slide up to 9% as global LNG prices surge on Middle East supply disruption
The weakness in gas stocks came as Asian spot LNG prices jumped to about $25.40 per million Btus -- the highest level since 2023. The stocks of Petronet LNG, Mahanagar Gas, GAIL India and Indraprastha Gas fell 4-9% each.