Omc Stocks

Stock Market Close: Sensex falls 114 pts; Nifty ends at 23618 as rupee hits new low; IT stocks shine

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.91 and 1.17 per cent higher, respectively

OMCs gain after fuel price hike; Nifty Oil & Gas index rises up to 0.6%

Petrol and diesel prices were raised by around 90 paise per litre on Tuesday, marking the second fuel price hike in less than a week

Why have HPCL, BPCL, IOC dipped despite fuel price hike? Analysts explain

Public sector OMCs, including Indian Oil, BPCL, and HPCL, have been incurring losses of about ₹20 per litre on petrol and nearly ₹100 per litre on diesel due to elevated global crude prices

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

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

Higher crude prices and expansion plans may weigh on OMC performance

Rising crude costs, reduced access to discounted Russian oil and heavy capex may pressure OMCs, though strong GRMs, demand growth and LPG subsidies support profits

HPCL tanks 18% from record high, nears 200-DMA; lags BPCL, IOC; show charts

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.

OMC stocks crack on US sanctions fears; BPCL falls 4%, HPCL 5%

The US President Donald Trump approved a bipartisan Bill titled the 'Sanctioning of Russia Act 2025', according to US Senator Lindsey Graham

Diesel relief, LPG boost: Motilal Oswal pegs 31% upside for HPCL stock

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.

Chennai Petroleum posts strong Q2; analysts upbeat on GRM, earnings outlook

Chennai Petroleum posted PAT of ₹732 crore in Q2FY26 against a loss of ₹629 crore in Q2FY25, on account of higher GRM at USD 9.1/bbl

HPCL, BPCL, IOCL rally up to 4%; why OMC shares are in demand today?

Analysts believe that OMCs now have a large margin of safety owing to low oil price and a large capex plan which gives them confidence that a normative level of earnings will still be maintained.

Crude slips to 3-month low; INR weakness seen pressuring OMCs, CGDs: Nomura

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.

Nomura bullish on OMCs, sees BPCL as top pick with 26% upside

So far this calendar year, the BSE oil and gas index has delivered gains of nearly 8 per cent.

HPCL, BPCL: OMCs, paint, tyre, aviation stocks rally after oil slips 5%

BPCL, HPCL, IOC, Asian Paints, and other downstream oil companies' stock surged, while ONGC, Oil India dropped after Brent crude oil slipped 5 per cent

OMCs shares in focus; BPCL, HPCL, IOCL gain up to 3%, here's why

The Indian government has increased the price of a 14.2 kg LPG cylinder by ₹50. Simultaneously, the government has raised the excise duty on petrol and diesel by ₹2 per litre, a move impacting OMCs.

BPCL, IOC shares slide up to 7% on Budget disappointment, oil price rise

The FY26 budget has allocated Rs 12,100 crore for LPG subsidiary, far lower than the anticipated value

TMS Ep513: Tax collection, air pollution, OMC stocks, Google Search's genAI

Is softness in tax collection a cause for worry? How can India fix its air pollution woes? Should you avoid OMC stocks? Google Search's generative AI experience: How it works? All answers here

Rising crude, uncertainty ahead of elections keep analysts wary on OMCs

Analysts say the already weakening marketing margins will be a concern ahead as the fate of OMCs remains tied to uncertain crude prices and the inability to raise prices amid the coming elections

Bears may tighten grip on OMC stocks as Crude Oil trades at 6-week high

OMC stocks are displaying bearish sentiment, if fails to hold key supports then could enter medium-term selling bias.

Sensex, Nifty end choppy day flat; Power Grid slides 5%, Hero Moto 3%

Closing Bell on August 1, 2023: Power Grid, Hero MotoCorp, Apollo Hospitals, IndusInd Bank, Bajaj Finserv, SBI, Adani Ports, Reliance Industries, and Maruti Suzuki were the top laggards