Any correction in oil marketing companies could be a buying opportunity

Trends in the global energy markets are crucial if India's growth outlook is to remain healthy. Photograph: Dado Ruvic/Reuters Prices for the Indian crude basket were averaging around $86.2 per......

After lacklustre Q4 results, headwinds persist for Indian Oil stock

State-run Indian Oil Corporation (IOCL) reported a weak performance in the fourth quarter of FY24 (January-March 2024), and the turmoil in the energy market indicates it could endure another......

Investors pin hope on govt support amid under-recoveries of BPCL, HPCL

The market responded positively to the Q1 results of oil marketing companies (OMCs), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) despite numbers being weaker than......

Investors may want to bottom fish in stocks of oil marketing companies

Margins for the oil refining and retailing sector have moved off their peaks, and the average integrated margins (refining plus marketing) for oil marketing companies (OMCs) have normalised.......

Torrent Group acquires 67% stake in Gujarat Titans

IMAGE: The acquisition marks Torrent Group's foray into India's rapidly growing sports sector. Photograph: Kind Courtesy Gujarat Titans/X Ahmedabad-based Torrent Group has completed the......