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Hindustan Petroleum Corporation Ltd News

BPCL, HPCL, IOC: Brent crude fall may trigger short-term rally in OMCs

BPCL, HPCL and IOC may rise up to 11 per cent in coming sessions, and if they manage to sustain their upward rally, medium-term bias may strongly shift in bull's favour.

BPCL, HPCL, IOC: Brent crude fall may trigger short-term rally in OMCs
Updated On : 17 Mar 2023 | 11:22 AM IST

OMCs in focus as crude oil hits 1-year low; BPCL, HPCL surge up to 5%

With this decline in crude prices analysts expect marketing margins of HPCL, BPCL and IOCL to improve further.

OMCs in focus as crude oil hits 1-year low; BPCL, HPCL surge up to 5%
Updated On : 16 Mar 2023 | 11:11 AM IST

Charts indicate robust bias for RIL, ONGC amid GST inclusion hopes

Oil & Natural Gas Corporation and Reliance Industries can rise up to 8 per cent

Charts indicate robust bias for RIL, ONGC amid GST inclusion hopes
Updated On : 20 Feb 2023 | 11:48 AM IST

Mehul Kothari is bullish on Hind Petroleum, SAIL; check why

According to the technical analyst from Anand Rathi, Hind Petro can surge to Rs 278; while SAIL can advance to Rs 97.

Mehul Kothari is bullish on Hind Petroleum, SAIL; check why
Updated On : 12 Jan 2023 | 7:58 AM IST

OMCs trade firm in a range-bound market; IOC, HPCL, BPCL surge up to 5%

After two tight quarters of profit-margin shrinkage due to global volatility, Indian OMCs are expected to see reduction in operational losses in the October-December quarter (Q3FY23).

OMCs trade firm in a range-bound market; IOC, HPCL, BPCL surge up to 5%
Updated On : 11 Jan 2023 | 12:29 PM IST

Stocks to Watch: Bajaj Finance, Marico, M&M Fin, IRB Infra, Adani Ports

Stocks to watch today: Bajaj Finance said that new loans booked during Q3FY23 were the highest-ever at 7.8 million

Stocks to Watch: Bajaj Finance, Marico, M&M Fin, IRB Infra, Adani Ports
Updated On : 05 Jan 2023 | 7:45 AM IST

RIL, ONGC: Will windfall tax hike dampen upside in oil-linked stocks?

The central Board of indirect taxes and Customs has raised windfall tax on petroleum, crude, and aviation turbine fuel effective from January 3

RIL, ONGC: Will windfall tax hike dampen upside in oil-linked stocks?
Updated On : 04 Jan 2023 | 11:35 AM IST

Analysts see pressure on RIL, OMC's profitability amid firm oil prices

Their expectation is based on the recent action in October by the OPEC of cutting production by 2 million barrels per day. This suggests that the OPEC is looking to defend price, they said

Analysts see pressure on RIL, OMC's profitability amid firm oil prices
Updated On : 16 Nov 2022 | 10:29 AM IST

HPCL slips 4%, nears 52-week low on net loss in September quarter

The state-owned oil marketing company reported the second straight quarterly loss despite revenue rising 30 per cent to Rs 1.13 trillion.

HPCL slips 4%, nears 52-week low on net loss in September quarter
Updated On : 04 Nov 2022 | 10:21 AM IST

Hindustan Petroleum posts consolidated net loss of Rs 2,172 crore in Q2

The company blamed depressed marketing margins on motor fuels and LPG as the main reason for its profitability being impacted over the latest quarter

Hindustan Petroleum posts consolidated net loss of Rs 2,172 crore in Q2
Updated On : 03 Nov 2022 | 9:13 PM IST

BPCL, HPCL hit 52-week lows on concerns of large losses in Q2FY23

Analysts believe that OMCs would see further decline in GRMs in Q2FY23, as cracks correct on a sequential basis and lower oil prices would drive sizable inventory losses

BPCL, HPCL hit 52-week lows on concerns of large losses in Q2FY23
Updated On : 17 Oct 2022 | 2:54 PM IST