Tag: OMCs
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OMCs HPCL, BPCL get a bullish recommendation from Morgan Stanley amidst sell-off
Shares of oil marketing companies such as Hindustan Petroleum Corporation, Bharat Petroleum Corporation and Indian Oil Corporation traded mixed on Friday, March 27.Global brokerage...
Nayara Energy hikes petrol by ₹5, diesel by ₹3; PSU OMCs hold prices steady
Nayara Energy has increased petrol prices by ₹5 per litre and diesel by ₹3 per litre, a move expected to directly impact consumers.In a...
HPCL shares near 52-week low, other OMCs fall as crude oil spike continues
Shares of Hindustan Petroleum Corporation Ltd. (HPCL) are trading with losses of close to 6%, and are close to their 52-week low on Thursday,...
Oil rally may dent Indian OMCs as retail fuel prices stay steady; here’s why
Rising crude oil prices triggered by escalating tensions in West Asia are once again exposing the vulnerability of India’s fuel pricing system, with state-owned...
Cooking gas shortage: Centre says 20% of average monthly commercial LPG to be allocated from today by OMCs
Amidst reports of shortage of cooking gas supply across India, the central government on Thursday announced that 20% of the average monthly commercial LPG...
