Page 2 - Omc

High floor price deters buyers at OMC iron ore auctions

OMC continued its stand to hike base prices of lumps and fines

Steel units in Odisha resent high pricing of OMC's iron ore

Besides, the weighted average price adopted by OMC is higher than the market price

OMCs' subsidiaries, joint ventures in good health

Improvement largely fuelled by better refining margins

Street bullish on OMCs despite stellar gains

Strong underlying demand for petroleum products in the country is a big positive for OMCs

Oil PSUs making the right moves

Good timing of assets' buy; fuel rate raise to up gross margins in line with medium-term averages