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
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
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
On the Nifty Midcap 100, Hindustan Petroleum stock was the top loser, down 4.35 per cent at ₹334.35 per cent
HPCL hopes to start crude processing at its 180,000 bpd Barmer refinery in Rajasthan by the end of January, making it India's 2nd -largest state-run refiner, behind Indian Oil Corp
HPCL has retreated sharply from its all-time high, and also underperformed its peers BPCL and IOC in the month of January thus far. Tech chart shows the stock is trading at the 200-DMA on Friday.
Q3FY26 company results: Firms including Bank of India, Jindal Stainless, PNB Housing Finance, and Tata Communications are also to release their October-December earnings reports today
Motilal Oswal expects its coverage universe to report a 4 per cent Y-o-Y decline in sales in Q3FY26, while Ebitda and PAT are projected to grow 16 per cent and 25 per cent Y-o-Y
JM Financial said Brent crude is likely to remain subdued at around $65 per barrel in the near term, at least until the US mid-term elections in November 2026
From Thursday, vehicles without a valid PUC certificate will not get fuel at petrol pumps in Delhi, as the government steps up action to curb pollution amid worsening air quality
Despite the near-term volatility, HPCL's valuations remain reasonable, the brokerage noted. The stock trades at 1.4x one-year forward price-to-book, slightly above its long-term average of 1.2x.
Antique Stock Broking reiterated 'Buy' on Hindustan Petroleum Corp., Bharat Petroleum Corp., and Indian Oil Corp, with HPCL as the top pick
In the past two months, the stock price of HPCL has gained 15 per cent after the company said June 2025 quarter (Q1FY26) witnessed a strong operational and financial performance.
Nomura said that the INR's depreciation remains a headwind for OMCs and CGDs, as their input costs are dollar-linked while revenues are in rupees.
Trump has decided to impose an additional 25 per cent tariff on Indian goods, citing New Delhi's continued imports of Russian oil in a move that sharply escalated tensions between the two nations
NTPC, SRF, Hindustan Petroleum are among the top stocks to buy today, says Chandan Taparia
Stocks to Buy: Motilal Oswal recommends quant strategy for July 2025; here are 5 best tactical bets within the MOFSL universe with a Buy rating.
Stocks To Buy Today, April 11, 2025: Ajit Mishra, SVP-Research at Religare Broking, has recommended that investors buy Godrej Consumer, Indus Towers and HPCL shares today
Kaushal to be the first head of a state-owned oil major from the private sector, to take an 80 per cent pay cut
OMCs are businesses involved in the marketing and distribution of petroleum products such as crude oil, gasoline, diesel, kerosene, jet fuel, and other refined petroleum products