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IOC, HPCL to BPCL: OMC stocks dip on rising crude oil prices. ONGC, Oil India stocks gain - Mint
IOC, HPCL to BPCL: OMC stocks dip on rising crude oil prices. ONGC, Oil India stocks gainMint
Jefferies Says It's Time To Sell BSE, Turns Bullish On BPCL, IOCL, Bajaj Finserv And TVS
Jefferies sees oil marketers, cement, and auto as the trade to make after crude's retreat.
Duncan Engineering secures Rs 6-cr order from BPCL
Duncan Engineering announced that it has received an order worth Rs 5.54 crore from Bharat Petroleum Corporation (BPCL), a Government of India undertaking.
IndiGo, HPCL, BPCL Shares Rally As Brent Crude falls To Pre-War Level Of $72/Barrel
Oil Marketing Companies (OMCs) were among the key beneficiaries, as lower crude prices are expected to support refining and marketing margins.
BPCL Share Price Live Updates: BPCL Exceeds 100-Day SMA Mark
BPCL Share Price Live Updates: BPCL's three-month performance highlights significant gains
BPCL Share Price Live Updates: BPCL Stock Price Analysis
BPCL Share Price Live Updates: Current Price and Trends for BPCL
Petrol, diesel margins back to above pre-conflict levels: Report
State-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government excise duty cuts have aided this recovery, rising debt levels and potential tax increases pose risks to long-term earnings. Analysts anticipate better performance from the second quarter onwards, especially if oil prices remain below $80 per barrel, with BPCL and IOC seen as preferred investments.
Stock Picks Today: RIL, Aurobindo Pharma, IOCL, BPCL, Container Corp, And More On Brokerages' Radar
Brokerages' Radar
Can HPCL, BPCL And IOCL Make A Comeback? Brokerages See Margin Recovery Ahead — Check Revised Targets
Brokerages JPMorgan and Kotak Institutional Equities have both turned more constructive on the outlook for state-run fuel retailers, arguing that the sharp correction in oil prices has eased pressure on profitability for Indian Oil Corp. Ltd, Bharat Petroleum Corp. Ltd and Hindustan Petroleum Corp. Ltd.
What should investors do with HPCL, BPCL, IOC shares? Here are two recommendations
JPMorgan said that HPCL, BPCL, and IOC are likely to remain tactical plays in the near term, with their performance closely tied to further easing in oil prices. Among the three, the brokerage prefers BPCL and IOC.