Omc Stocks

Opec-plus cut weighs on OMC shares, BPCL and HPCL shed over 4% each

Analysts said Street is worried that sustained oil price hike could put pressure on OMC margins as govt may not pass the entire burden on to customers

TMS Ep394: Car sales in India, BCI's new rule, OMC stocks, G-SIBs

Are car sales moving to the slow lane? How will BCI's new rule change Indian legal landscape? Is it the right time to buy OMC stocks? What are Global Systemically Important Banks? Answers here

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.

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).

TMS Ep305: Indian exports, ACMA's Sunjay Kapur, OMC stocks, Friendshoring

What is going wrong with Indian exports? What does ACMA President Sunjay Kapur think of localisation? Are OMC stocks a good bet at the current levels? What is friendshoring? All answers here

Are OMC stocks a good bet at the current levels?

Geopolitical tensions have pushed the prices of brent crude oil by 13% in the last one year. Find out the scenarios that may play out in the oil market next year, and what it means for investors

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

'Investors are building all data points into their market assessment'

Ajay Argal of Franklin Templeton believes that any change in stance to lower the pace or the quantum of rate hikes could provide an interim positive trigger for the markets.

HPCL, BPCL shed up to 4% on lackluster June quarter performance

So far in this calendar year, BPCL and HPCL have tumbled 13 per cent, and 14 per cent, respectively. However, frontline indices Nifty50 and the S&P BSE Sensex have remained flat during the same period

Will petrol, diesel price hike set OMC stocks on fire? What charts suggest

Except IOC, which managed to hold 200-DMA, other stocks are in no mood to conquer their respective hurdles yet, technical charts indicate

Stocks to Watch: UPL, ITC, Restaurants, Multiplexes, FMCG, OMCs, Suzlon

Shares of multiplex restaurant owners are likely to be in focus on easing of Covid-19 related curbs in Maharashtra.

Tech View: Can high fuel prices, weak crude spark a rally in OMCs?

OMC shares traded mixed with HPCL and IOC down 1 per cent and BPCL marginally in the green

Petrol price hike on cards post election outcome? Here's how to trade OMCs

The OMC stocks needs to cross and sustain crucial supports to gain on follow-up momentum.

ONGC, Asian Paints: Bull sentiment intact in oil-linked stocks, charts show

Shares of Oil and Natural Gas Corporation (ONGC) rose as much as 4.6 per cent to hit an intra-day high of Rs 99.35 apiece on the BSE, while those of GAIL and BPCL gained up to 3.5 per cent

BPCL, HPCL, IOC: Here's how to trade oil-marketing companies' stocks

BPCL, HPCL, and IOC have corrected up to 22 per cent since their highs of July.

OMC stocks come under pressure over muted demand, weak refining margins

Rising Covid-19 cases in India and talks of a second wave of the pandemic globally are adding to concerns on demand for petroleum products moving forward

Petrol crosses Rs 80/litre in Delhi. Trading strategy for HPCL, BPCL, IOC

Petrol prices on Friday crossed the Rs-80 mark in Delhi as OMCs announced the 20th hike in a row. Petrol price was increased by 21 paise to Rs 80.13 per litre in Delhi. Diesel jumped by 17 paise

OMCs, airlines gain on crude oil slump; SpiceJet, HPCL, BPCL rise up to 5%

SpiceJet, Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) rose up to 5 per cent on the BSE in early trade.

OMCs under pressure; IOC hits 52-week low; HPCL, BPCL down 6%

It is likely that the government may ask IOC, HPCL and BPCL to freeze prices as a temporary arrangement, report

Rising oil prices, political developments to keep OMC stocks under check

HPCL was the top loser in this pack, slipping as much as 7.4% to Rs 337.5 levels, its biggest intraday percentage loss since September 13, 2017