[ad_1] 1 / 8 Technical analyst Mitessh Thakkar of earningwaves.com shares these top stock picks for the day. 2 / 8 Buy for a target price of ₹2,360 with a stop loss of ₹2,294 Analyst: Mitessh Thakkar of earningwaves.com at 9:15 am 3 / 8 Sell for a target price of ₹385 with a stop […]
Explained — Here is why HPCL shares are bucking the trend on Monday – CNBC TV18
[ad_1] Shares of Hindustan Petroleum Corporation Ltd. (HPCL) are bucking the trend on Monday, April 7, on the back of multiple factors. The biggest factor is the tanking of crude oil prices. Brent crude is now down 4% after declining 6.5% each on Thursday and Friday. West Texas Intermediate is also trading near the mark […]
Lower crude oil prices continue to drive upgrades for HPCL, IOC: Check latest price targets – CNBC TV18
[ad_1] Benign valuations, lower crude prices, and stronger Gross Refining Margins (GRMs) will fuel a rally in state-run oil marketing companies (OMCs), with stocks having the potential to rise by as much as 50%. Brokerage firm Avendus Spark has upgraded Indian Oil Corporation (IOC) Ltd., the country’s largest state-run downstream oil refiner to ‘Buy’ rating. […]
Crude At Six-Month Low: Are valuations for HPCL, BPCL, IOC attractive now? – CNBC TV18
[ad_1] Shares of Hindustan Petroleum Corporation Ltd. (HPCL), Bharat Petroleum Corporation Ltd. (BPCL), and Indian Oil Corporation (IOC) Ltd., India’s state-run oil refiners, along with other refining companies like Chennai Petro and MRPL surged up to 5% on Thursday, March 6, after the global crude oil prices fell to a six-month low. Brent crude fell […]
HPCL, BPCL, IOC share price target cut by Jefferies as profitability concerns mount – CNBC TV18
[ad_1] Brokerage firm Jefferies has cut its price target on shares of India’s state-run oil refiners, Hindustan Petroleum Corporation Ltd. (HPCL), Bharat Petroleum Corporation Ltd. (BPCL) and Indian Oil Corporation Ltd. (IOC) on Monday, February 3. Company Value Change %Change Selling pressure was seen in the stocks of these companies after the Budget 2025 made […]
Budget 2025: From Consumption to Railways — The big winners and losers – CNBC TV18
[ad_1] With an aim to boost consumption, Finance Minister Nirmala Sitharaman announced changes to the New Tax Regime, putting more cash in the hands of the middle class during her eighth Union Budget Speech on Saturday, February 1. Here is a look at the sectors which were the big winners and losers post the budget […]
Budget 2025: HPCL, BPCL, IOC shares fall up to 5% on lower LPG subsidy – CNBC TV18
[ad_1] Shares of state-run Oil Marketing Companies (OMCs) – Hindustan Petroleum Corporation Ltd. (HPCL), Bharat Petroleum Corporation Ltd. (BPCL), and Indian Oil Corporation Ltd. (IOC), fell as much as 5% on Saturday, February 1, after the announcements made in the Budget documents with regards to its LPG subsidies. Company Value Change %Change Budget documents revealed […]
Trade Setup for January 24: Nifty bulls aim to end week on a high by crossing 23,400? – CNBC TV18
[ad_1] On Thursday’s weekly expiry day, the Nifty 50 started on a subdued note, initially dipping before gaining positive traction within the first hour of trade and moving toward the 23,250 mark. However, the momentum faded in the second half as the index remained range-bound, slipping slightly from higher levels. Despite this, it managed to […]
HPCL Q3 Preview: Maharatna likely to post strongest results among OMCs – CNBC TV18
[ad_1] Hindustan Petroleum Corporation Ltd (HPCL) is poised to report its strongest quarterly performance among oil marketing companies (OMCs) for Q3 FY25, aided by a weak base and improved refining and marketing margins. Company Value Change %Change The company’s net profit is expected to rise 367% to ₹2,945 crore from ₹631 crore in the previous […]
The Midcap index recovered all of its losses from Monday, but these stocks could not – CNBC TV18
[ad_1] 1 / 8 The Nifty Midcap and Nifty Smallcap indices had the most disastrous start to the week on Monday, when both the indices fell 4% each. However, both the indices embarked on a four-day gaining streak post the fall and recovered all the losses of Monday to end the week above the flat […]