Oil's new normal to be $80? Ambit downgrades HPCL, BPCL, IOC shares to 'Sell', slashes target price by up to 57%Ambit Institutional Equities has downgraded HPCL, BPCL and IOC to ‘Sell’, citing sustained high crude prices and limited government support...
26 Mar, 2026, 03.36 PM IST
India’s telecom sector enters multi-year growth cycle; upstream oil stocks back in favour: JM FinancialIndia’s telecom sector is entering a multi-year growth cycle driven by strong ARPU expansion, consolidation, and easing capex, says JM Fina...
21 Nov, 2025, 09.00 AM IST
Crude oil price falls to $70 per barrel. Emkay likes these stocksThe OPEC+ decision to reintroduce 2.2 million barrels per day (mbpd) of oil over next two years was "cautiously expected," yet still notabl...
05 Mar, 2025, 06.54 PM IST
Shares of oil marketing firms get a snub as crude weakensIndian Oil (IOC) fell the most at 4.14%, Hindustan Petroleum (HPCL) and Bharat Petroleum (BPCL) were down over 3% at close on Monday. Brent...
05 Nov, 2024, 05.44 AM IST
Kotak Equities retains sell rating on HPCL, IOC & BPCL, estimates up to 33% slideKotak Institutional Equities expressed concerns over OMCs' capex plans due to limited pricing freedom. Government's petrol and diesel price...
04 Apr, 2024, 02.07 PM IST
Rupee falls 6 paise to settle at 83.39 against US dollarThe rupee depreciated 6 paise to settle at 83.39 (provisional) against the US dollar on Thursday due to a strengthening greenback against m...
28 Mar, 2024, 04.23 PM IST
Buy or Sell? Here's what brokerages say on IOCL, BPCL and HPCL sharesOil marketing companies' stocks recover 5.3% after 11% decline due to government's Rs 2/litre petrol and diesel price cut before elections....
21 Mar, 2024, 03.23 PM IST
OMC stocks tank up to 11% in 3 days on petrol, diesel price cut; Kotak gives 'sell' ratingShares of Hindustan Petroleum Corporation (HPCL), Indian Oil Corporation (IOC), and Bharat Petroleum Corporation (BPCL) have fallen 11%, 9%...
19 Mar, 2024, 12.03 PM IST
BPCL shares rally over 4% on upgrade by Jefferies, target price set at Rs 890Jefferies upgraded BPCL stock due to a steep discount and less impact from marketing losses in diesel till national elections. Target price...
16 Feb, 2024, 11.22 AM IST
Investors' appetite for oil marketing companies unlikely to pick upThe government on Wednesday said it has approved a one-time grant of ₹22,000 crore to these PSUs for selling liquefied petroleum gas (LPG) ...
13 Oct, 2022, 06.36 AM IST
Oil marketers bruised, but may not fall a lotThe average book value of three state-owned OMCs — BPCL, HPCL and IOC — dropped on Thursday to 1.59 times.
05 Oct, 2018, 08.57 AM IST
Improved show by oil market companies like Indian Oil and HPCL in Q3 likely to attract investorsContinuance of robust refining margins and sensitivity to EPS show that Hindustan Petroleum is poised to gain the most, followed by Indian ...
17 Feb, 2016, 06.32 AM IST
Oil India, ONGC top bets in oil and gas sector: Gaurav MehtaThere is a lot of delta in terms of these reforms picking up versus the valuations catching up. That delta still stays with oil companies.
03 Nov, 2014, 02.44 PM IST
PSU stocks next multibaggers; buy PSU index ETF: Ashwani GujralIf you see across the board, there are massive gains on mostly all PSUs as nobody owns them and likes them, but the stock prices are tellin...
04 Apr, 2014, 03.56 PM IST
Bank Nifty to break below levels of 10,400: Mitesh ThackerWe have been trading with the negative bias on banking and realty stocks while positive bias on the OMCs and couple of individual stocks, s...
29 Jan, 2014, 03.48 PM IST
Reliance & OMCs good buy at this point of time: Ambareesh BaligaOne can take that chance of buying stocks like HPCL & BPCL because downside is limited, but headroom of another 10-12% is expected.
27 Sep, 2013, 04.36 PM IST
May take profits on long positions: Mitesh Thacker, miteshthacker.com"Around 5,720-5,750, the upsides might be capped from those levels,"
06 Sep, 2013, 04.49 PM IST