Tag: IOC
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HPCL, BPCL, IOC shares fall up to 4% after HSBC downgrades, cuts targets
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%...
UBS downgrades IOC, BPCL, cuts HPCL to sell; warns $5 oil spike can halve profits
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...
Steel player BMW Inds partners with IOC for PNG supply at Bokaro facility
Steel services manufacturer BMW Industries Limited has entered into a strategic partnership with Indian Oil Corporation Limited (IOC) for the supply of piped natural...
Maharatna oil PSU IOC declares ₹2 per share dividend. Record date, income tax compliance, other details
राज्य के स्वामित्व वाली तेल विपणन प्रमुख इंडियन ऑयल कॉर्पोरेशन लिमिटेड (आईओसी) ने 6 मार्च को हुई बैठक में अपने बोर्ड द्वारा भुगतान को...
Investec says ‘sell’ on HPCL, BPCL and IOC; prefers Reliance Industries on refining upcycle
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...
