Shares of state-run oil marketing companies, including Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation, are trading lower by up to 4%...
Brokerage firm UBS has turned cautious on India's oil marketing companies (OMCs), citing rising geopolitical risks and uncertainty around earnings visibility.The brokerage has downgraded...
Shares of oil marketing companies (OMCs) such as Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), and Indian Oil Corporation Ltd declined...
Brokerage firm Investec has reiterated its 'Sell' stance on Oil Marketing Companies (OMCs), saying current valuations do not reflect a realistic through-cycle earnings outlook.The...