OMC stocks under pressure: Shares of oil marketing companies (OMCs) fell up to 3% on Thursday, February 19. The three state-run OMCs—Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) —saw a retreat in their share prices, giving up recent gains, as the rebound in global crude prices weighed on investor…
OMC stocks to buy: Refining margin boost, decline in crude prices and lower LPG under recoveries boosted the performance of oil marketing companies (OMCs) during the third quarter of the financial year 2025-26 (FY26). Oil marketing companies’ EBITDA and PAT came in at ₹₹39,500 crore ₹23,740 crore, respectively for Q3FY26 – up 91% or 2.4x…
Shares of oil marketing companies (OMCs), including BPCL, HPCL, and IOCL, rallied up to 4% on Friday, January 16. HPCL’s share price jumped as much as 3.7% to ₹456.50 apiece, while BPCL rallied 3% to ₹367.75 and IOC gained as much as 2%. The three state-run OMCs—Hindustan Petroleum Corporation Ltd, Bharat Petroleum Corporation Ltd, and…
