Bullish on OMC pack; best yet to come for BPCL, HPCL and IOC: Harshvardhan DoleBPCL, HP, and IOC have the potential for increased PE multiples. OMCs derive over 50% of their EBITDA from retailing petrol and diesel, lea...
How should investors approach OMC stocks with churn in crude oil pricesThe earnings of OMCs have been under pressure for the past few quarters following the Russia-Ukraine war to high energy prices resulting in...
OMCs brave market volatility;surge to 52-week high on positive outlookThe sharp rally in OMC counters was triggered by robust 4QFY15 results aided by abnormally high marketing margins and strength in refining ...
Spike in brent prices may cause sell off in oil stocks: Mayuresh JoshiIOC, BPCL for the OMC pack look very decent for accumulations and ONGC, Oil India from the upstream space.
Upside left in oil PSUs; infra and engineering stocks need to justify their current pricing: IV SubramaniamAs far as the infra and engineering stocks are concerned, the earnings numbers need to be really good for it to justify at these prices, he...
- Bullish on BPCL: Vinay Khattar
The finds have been giving good news and the possibility that the company would continue to expand its revenue from the international side ...
BPCL is the best bet among the oil marketing stocks: Gaurang ShahAs of now the crude oil prices and the rupee dollar equation is favouring the OMCs and from all the three listed names BPCL will be the pic...
OMC is a very iffy sector to look at: Sangeeta PurushottamThe issue with the entire OMC basket really is pricing of the final products and again the road there gets much longer, says Sangeeta Purus...
- Expect markets to move down from here: Geojit BNP Paribas Financial Services
"We should possibly move downwards, and a breach of 5280-5260 may open up the possibilities of a downside," Gaurang Shah said.
- There is good probability of Nifty moving up to 5400: Hemang Jani, Sharekhan
In an interview with ET Now, Hemang Jani, Senior Vice President, Sharekhan, talks about the outcome from the EU Summit and the markets.
- BPCL continues to look good in the OMC pack: Avinnash Gorakssakar
In the OMC pack, BPCL continues to look good not only from the operational numbers but they have also given a 1:1 bonus.
- Bullish about BPCL: Avinnash Gorakssakar
In the OMC space, definitely BPCL is the best. The announcement of bonus has been a pleasant surprise.
- Go short on OMCs such as HP, BP: CK Narayan
"Any upside that you do get with an upward drift in a rising market would be yet another chance for you to sell and for traders to create s...
- Bearish on OMCs: Deven Choksey, KR Choksey Securities
I do not see much of a hope here. OMCs are reeling under the pressure of higher cost of debt because they have to keep on borrowing money t...
- ONGC, Cairn favourites in the OMC pack: Technical Trends
Crude is now in an uptrend and usually commodities once they start trending, they do not easily stop.
- LPG & kerosene need to be totally decontrolled for OMCs to get full value: Ambareesh Baliga
Ambareesh Baliga, VP, Karvy Stock Broking Ltd. in an interview with ET Now talks about OMCs.
- See a 3-4% downside in OMC pack: Sandeep Wagle, APTART Technical Advisory Services
Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, in a chat with ET Now talks about the OMC pack.