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OMC Q2 Review: IOC, HPCL, BPCL report double-digit fall in net profit on weak refinery margins, LPG loss | Stock Market News

TheSpuzz Desk2 weeks ago010 mins

Source: Live Mint OMC Q2 Review: Oil marketing companies (OMCs), including Indian Oil Corp Ltd (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), reported a double-digit decline (between 70-99 per cent) in their respective net profit during the July-September quarter for fiscal 2024-25 (Q2FY25). Along with weaker refinery margins, OMCs also…

HPCL, BPCL, IOC soar up to 5% in trade as oil prices slip to 2-week low

TheSpuzz Desk1 month ago04 mins

Source: Business Standard 2 min read Last Updated : Oct 15 2024 | 1:24 PM IST Oil marketing companies (OMCs) — Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), and Indian Oil Corporation (IOC) — jumped up to 5.1 per cent in Tuesday’s intraday trade on the BSE. The rally came after…

IndiGo, Ceat: Which stocks are on analysts’ radar as oil falls below $70?

TheSpuzz Desk2 months ago07 mins

Source: Business Standard 4 min read Last Updated : Sep 11 2024 | 11:01 PM IST Oil price below $70/barrel: As Brent crude oil price trades below the psychological level of $70 per barrel, analysts are backing certain oil-linked stocks to play the momentum. They prefer aviation and tyre stocks among the lot,…

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