Fuel price cuts are likely to impact the gross marketing margins (GMM) of OMCs, which analysts see GMM declining to ₹2.2 per liter on diesel and ₹3.5 per liter on petrol, resulting in blended auto-fuel GMM of ₹2.6 per liter.
2 min read15 Mar 2024Stocks to buy today: Experts have recommended six day trading stocks for today — TD Power, Graphite India, HPCL, NTPC, Ami Organics, and Laurus Labs
6 min read5 Mar 2024Markets are up 2% in Feb with Nifty hitting new highs earlier this month. While volatility is likely to continue, experts see strong returns in 2024. However, amid such a positive environment are there stocks you should avoid? Jefferies has come out with its top 6 'underperform' ideas. Let's see.
26 Feb 2024Servotech share price today opened upside and went on to touch an intraday high of ₹97.80 on NSE, logging an intraday rise of 5% against the previous close
2 min read23 Feb 2024IOC, HPCL and BPCL shares are pricing-in much higher than historical marketing margins, a continuation of near-record refining margins and a notable premium to the global peer average EV/Ebitda multiple, CLSA said.
2 min read22 Feb 2024Reliance Industries, BPCL, HPCL and IOCL are in the early days of this re-rating given tight fuel supplies and rising availability of challenged crude, foreign brokerage firm Morgan Stanley said in a report.
2 min read6 Feb 2024Hindustan Petroleum stock price went down today, 31 Jan 2024, by -1.71 %. The stock closed at 471.7 per share. The stock is currently trading at 463.65 per share. Investors should monitor Hindustan Petroleum stock price closely in the coming days and weeks to see how it reacts to the news.
25 min read31 Jan 2024Hindustan Petroleum stock price went up today, 30 Jan 2024, by 4.07 %. The stock closed at 452.3 per share. The stock is currently trading at 470.7 per share. Investors should monitor Hindustan Petroleum stock price closely in the coming days and weeks to see how it reacts to the news.
27 min read30 Jan 2024HPCL share price rose over 3% despite Q3 numbers below estimates; weaker marketing margins cited as the cause.
3 min read29 Jan 2024Hindustan Petroleum stock price went up today, 29 Jan 2024, by 5.12 %. The stock closed at 430.25 per share. The stock is currently trading at 452.3 per share. Investors should monitor Hindustan Petroleum stock price closely in the coming days and weeks to see how it reacts to the news.
28 min read29 Jan 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared