[ad_1] The oil math: A ₹50 hike in LPG prices and a proposed ₹2 excise duty increase on petrol and diesel are part of the Centre’s plan to compensate oil marketing companies, while leveraging improved margins from softening crude prices to avoid burdening consumers. Let’s see the numbers. Sources have told CNBC-TV18 that […]
VA Tech Wabag bags orders worth ₹360 crore from GAIL and IOCL – CNBC TV18
[ad_1] VA Tech Wabag, the Chennai-based desalination and water treatment solutions company, on Thursday informed the exchanges that it has secured orders totalling ₹340 crore from Gail (India) and Indian Oil Corporation. The order includes the Design, Build, and Operation (DBO) of a 450 m³/hr UF & RO-based Effluent Recycle Plant, an evaporator-based Zero Liquid […]
HPCL, BPCL IOC shares are ‘more attractive’ after correction: HSBC – CNBC TV18
[ad_1] Global brokerage firm HSBC has reiterated its ‘Buy’ recommendation on oil marketing companies (OMCs) like Hindustan Petroleum Corp (HPCL), Bharat Petroleum Corp (BPCL), and Indian Oil Corp (IOC), citing that the recent stock correction makes them even more attractive. Company Value Change %Change HPCL and BPCL shares have corrected 18% and 28%, respectively, from […]
ONGC, Hindalco, Bank of India, NMDC, Britannia, Hindustan Copper and more: Top stocks to watch out for on November 12 – CNBC TV18
[ad_1] 1 / 14 ONGC | The company reported a strong performance for the second quarter of FY25, with net profit increasing 34% quarter-on-quarter to ₹11,984 crore, surpassing the CNBC-TV18 poll estimate of ₹8,825 crore. This rise in profit was supported by higher operational efficiency and better margins, as the company’s EBITDA margin improved to […]