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Source: Live Mint Stock Market Today: Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL), Indian Oil Corporation (IOC) remains in a sweet spot as declining crude prices coupled with expected improvement in refining outlook bode well for their earnings. The same is being reflected in HPCL, BPCL, IOC share prices that have risen…
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 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….
