Page 2 - Hindustan Petroleum Corporation Ltd News
Stocks to Watch today: OMCs, Adani stocks, Tata Steel, JSW Steel, TMPV, HCC
Stocks to watch today: Stocks of OMCs, Adani Group, Tata Steel, JSW Steel, United Spirits, Voltas, HFCL, HCC, Apollo Tyres, are among the key stocks in focus today.
 "Stocks to Watch today: OMCs, Adani stocks, Tata Steel, JSW Steel, TMPV, HCC")
Hindustan Petroleum falls 4% on Q4 results; brokerages see up to 74% upside
Hindustan Petroleum reported a consolidated net profit of ₹6,065.26 crore, up 77 per cent from ₹3,415 crore in the year-ago period
 "Hindustan Petroleum falls 4% on Q4 results; brokerages see up to 74% upside")
HPCL Q4 results: Net profit jumps 78% to ₹6,065 crore on strong GRMs
State-run oil marketing company reports higher refining margins and recommends a final dividend of Rs 19.25 per equity share for FY26
 "HPCL Q4 results: Net profit jumps 78% to ₹6,065 crore on strong GRMs")
HPCL jumps 3% after Q4FY26 results; board declares final dividend of ₹19.25
The board of HPCL has declared a final dividend of ₹19.25 per share of ₹10 face value for the financial year 2026 and set August 14 as the record date.
 "HPCL jumps 3% after Q4FY26 results; board declares final dividend of ₹19.25")
Oil & Gas stocks tumble as crude regains $105; MGL, IGL, BPCL drop up to 4%
Among the index constituents, Mahanagar Gas fell around 4.5 per cent, followed by IOCL, BPCL, Adani Total Gas, HPCL, Petronet LNG, Chennai Petroleum, and GAIL down over 2 per cent each
 "Oil & Gas stocks tumble as crude regains $105; MGL, IGL, BPCL drop up to 4%")
Nifty Midcap Select index hits record high, rallies 13% in one month
The Nifty Midcap Select index hit a new high of 14,223.90, soaring 2% and surpassing its previous high of 14,118 touched on December 1, 2025.
 "Nifty Midcap Select index hits record high, rallies 13% in one month")
Boost your portfolio with these top 15 Nifty500 high dividend yield stocks
At the top of the list is Bharat Petroleum Corporation (BPCL), which offers the highest dividend yield of 7.5 per cent
 "Boost your portfolio with these top 15 Nifty500 high dividend yield stocks")
OMCs under pressure as crude tops $126; Nifty Oil & Gas index slips 1.6%
Market analysts attributed the sharp spike in crude oil prices to supply disruptions amid concerns that output from key West Asia producing regions may remain constrained for longer
 "OMCs under pressure as crude tops $126; Nifty Oil & Gas index slips 1.6%")
Markets unprepared for a steep petrol, diesel price hike: Analysts
On its part, the government has denied reports of hiking petrol and diesel prices despite the surge in crude oil in the backdrop of the conflict in West Asia.
 "Markets unprepared for a steep petrol, diesel price hike: Analysts")
Emkay downgrades OMCs as oil prices surge; FY27 earnings may fall up to 60%
Emkay Global has cut ratings on OMC stocks as rising crude and windfall tax may hit margins. The brokerage sees up to 60% decline in FY27 earnings for HPCL, BPCL, IOCL
 "Emkay downgrades OMCs as oil prices surge; FY27 earnings may fall up to 60%")
HPCL delays refinery inauguration after fire at Rajasthan project site
Massive fire near crude distillation unit at Balotra refinery site prompts postponement of PM Modi's visit; no casualties reported, probe underway
 "HPCL delays refinery inauguration after fire at Rajasthan project site")
Oil below $100/barrel: OMCs rise up to 6%; upstream oil stocks fall 3%
Crude oil prices fell for a second day on Wednesday on expectations that peace talks between the US and Iran may resume
 "Oil below $100/barrel: OMCs rise up to 6%; upstream oil stocks fall 3%")
BPCL, HPCL, IOC: OMC shares tank up to 6% after crude oil rises over 7%
The selling in HPCL, IOCL, BPCL came after oil prices surged above $100 per barrel as escalating tensions in West Asia spooked investors.
 "BPCL, HPCL, IOC: OMC shares tank up to 6% after crude oil rises over 7%")
Every $10 rise in oil above $90/bbl may hit Nifty earnings by 3%: Bernstein
Beyond $90/bbl is when the decline steepens and things worsen as inflation starts eating into savings, impacting spend that gets especially bad for consumer sectors, Bernstein said in a recent note.
 "Every $10 rise in oil above $90/bbl may hit Nifty earnings by 3%: Bernstein")
OMC shares: HPCL, BPCL, IOC slide up to 5% as crude jumps above $100/bbl
In the past one month, the stock price of BPCL (down 28%), IOC (27%) and HPCL (25%) tanked over 24% owing to rising crude oil prices amid the Iran war.
 "OMC shares: HPCL, BPCL, IOC slide up to 5% as crude jumps above $100/bbl")
ATF, LPG price hikes to pressure OMC margins; IOCL, BPCL hit: Nomura
Nomura believes oil marketing companies (OMCs) are likely to face margin pressure after the government raised prices of aviation turbine fuel (ATF) and commercial liquefied petroleum gas (LPG)
 "ATF, LPG price hikes to pressure OMC margins; IOCL, BPCL hit: Nomura")
₹1.5 trn hit to exchequer as govt cuts petrol, diesel excise: Deven Choksey
Deven Choksey believes the excise cut may bring some respite to OMCs amid high energy prices, while create a ₹1.5 trillion dent to the exchequer per year.
 "₹1.5 trn hit to exchequer as govt cuts petrol, diesel excise: Deven Choksey")
IOC, BPCL, HPCL shares react as govt trims excise duty on petrol, diesel
The government has reduced the excise duties on petrol and diesel by ₹10 per litre each, bringing them down to ₹3 per litre of petrol and zero per litre of diesel
Stocks to Watch today, Mar 27: Oil stocks, UltraTech Cement, Infosys, Ola
Stocks to Watch today, March 27, 2026: BPCL, IOCL, Oil India, RIL, and others will be in focus; here's why
 "Stocks to Watch today, Mar 27: Oil stocks, UltraTech Cement, Infosys, Ola")
ONGC stock may zoom 65%, OMCs may not hike petrol, diesel prices soon: CLSA
Analysts have revised their forecasts for oil & gas prices for the remaining part of 2026 as developments in West Asia continue to unfold.
 "ONGC stock may zoom 65%, OMCs may not hike petrol, diesel prices soon: CLSA")