Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Vedanta: The board of Anil Agarwal-owned Vedanta has approved its fourth interim dividend of ₹8.5 per share. The announcement was made after market hours on Monday, December 16. Earlier, on December 12, Vedanta had notified the stock exchanges…
Source: Live Mint Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL), and Bharat Petroleum Corporation Ltd (BPCL) are set to deliver robust earnings in H2FY25, making their stocks appealing at current levels, analysts noted. Despite rangebound stock performance post-Q2FY25 results, favorable factors such as stable crude oil prices ($70-$75 per barrel) and improving Gross…
Source: Live Mint Oil and Natural Gas Corp. Ltd’s (ONGC) standalone gross crude oil realization fell about 8% year-on-year in the September quarter (Q2FY25) to $78.3 per barrel. Yet, its Ebitda at ₹18,200 crore was broadly in line with analysts’ estimates. Windall tax was much lower year-on-year leading to improved net realization, thus boosting operating…
Source: Live Mint Like the man, who would have been better off keeping the goose alive, investors are often safer diversifying into dividend stocks. These stocks tend to give comparatively stable income, capital growth at a milder pace (as compared to growth stocks), and also serve as a cushion during market downturns (as risk off…
Source: Live Mint Domestic equity benchmarks Sensex and Nifty 50 edged lower on Tuesday, October 1, extending their losing run to the third day amid profit-taking in oil and gas and select FMCG shares. The BSE Sensex dipped 33.49 points or 0.04 per cent to settle at 84,266.29. During the day, it hit a high…
Source: Live Mint Stock Market Today: Nifty Oil & Gas index gained up to 1.5% during the intraday trades on Friday. Oil marketing companies such as Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Indian Oil Corporation ( IOCL) Share prices gaining up to 7% led the gains. While Bharat Petroleum Corporation…
Source: Live Mint MUMBAI : State-run oil marketing companies (OMCs) are on course to see a marked improvement in their profitability, thanks to the recent drop in crude oil prices amid stable product prices. The average Brent crude price has dropped to about $70 per barrel in September so far from over $80 in August….
Source: Live Mint Brent crude futures have lost nearly 25 per cent year-to-date (YTD) over softer demand and a low-risk premium so far in 2024. At its lowest in the last nine months, the crude oil benchmark declined to a 33-month low at under $70 per barrel due to continued weakness in Chinese economic growth…