OMCs are still bleeding despite excise cut; Probal Sen on what the market is missingIndia's petrol excise duty cut brings some relief to consumers. However, Oil Marketing Companies continue to face significant losses. Analy...
Probal Sen sees stronger balance sheets, better margins for OMCsOPEC's tempered approach to output helps control global oil prices. This action provides market stability. Demand estimates remain uncertai...
Probal Sen on why oil prices remain steady despite extra 25% tariff on India for buying Russian oilOil prices remain steady despite new tariffs and sanctions on Russia, which exports 4.7 million barrels daily. India's imports from Russia ...
Strait of Hormuz remains key flashpoint for India’s Oil, gas flows: Probal SenProbal Sen suggests a 'wait and watch' approach regarding the impact of geopolitical turmoil on crude price estimates. While current market...
Current valuations make OMC stocks a buy opportunity: Probal SenICICI Securities' Probal Sen views the excise duty hike, not passed to consumers, positively, especially after prior LPG compensation disap...
PNGRB's gas tariff amendments could benefit city gas distribution: Probal SenICICI Securities' Probal Sen discusses the impact of potential tariffs on Venezuelan crude, India's ability to replace these imports, and t...
Jio ARPU to see sequential rise, tariff hike expectations build for 2025: Probal SenBut there is a whole lot that has combined to probably disappoint the markets but then there is probably a whole lot of monitorables that c...
Gujarat Gas, MGL best positioned amid city gas sector's uncertainty: Probal SenThe differential with alternate fuels like petrol and diesel is the highest in Mumbai and probably the lowest in IGL's case, because in Del...
New energy biz, retail momentum key to RIL's future growth: Probal SenThe correlation between crude prices and grms actually holds if the increase in crude prices is led by demand strength typically. What is i...
Falling crude prices to surge marketing margins; strengthen OMCs earnings outlook: Probal SenBut if we look at the way crude prices are behaving, if we look at the way demand estimates continue to see a little bit of softness, there...
Does ONGC merit a big upgrade in the market? Probal Sen explainsProbal Sen from ICICI Securities highlighted the promising outlook for ONGC and Oil India. He emphasized that both companies have shown ste...
What’s driving positivity in ONGC & Indian Oil? Probal Sen explainsAny engagement that continues on a national level with Russia, given how important an energy producer it is, will benefit Indian oil and ga...
Reliance & ONGC expected to remain strong from growth perspective: Probal SenProbal Sen believes that earnings growth for ONGC and Reliance will continue to be strong. Reliance, with its multiple growth levers from r...
Reliance net debt continues to rise from YoY perspective despite capex declining sharply QoQ: Probal SenReliance Q3 numbers were fairly strong with performance in several segments offsetting weakness in the gas exploration and O2C segments. Ne...
4 oil and gas stocks to bet on now: Probal Sen“IGL, MGL and ONGC will still remain positive and GAIL will also benefit for its LPG segment because there is a clear cost saving of Rs 400...
Probal Sen on what to expect from Reliance in Q3Petchem margins probably would be 12-13% higher Q-o-Q. Jio probably is more of a steady state story with 6-7 million subscribers.
How a banker and a calligraphy expert emptied accounts of over 100 peopleA probe was started after one Vikas Solanki complained that around Rs 10.5 lakh was transferred to the bank account of a firm named Landmar...