Omc Stocks News
Energy stocks selloff wipes ₹1.25 trillion off market value
Shares of downstream companiesHindustan Petroleum Corp. Ltd (HPCL), Bharat Petroleum Corp. Ltd (BPCL) and Indian Oil Corp. Ltd (IOC)extended its losses after many brokerages downgraded on the expectations of earnings hit
2 min read5 Oct 2018Corporate casualties of a weakening rupee and surging crude oil prices
Rising crude oil prices and a depreciating rupee would impact financial performance of manufacturers of tiles, plywood, paints and adhesives, and oil marketing companies
2 min read19 Sep 2018Oil companies, high oil prices and elections in India
One of the key reasons why OMC stocks have underperformed the BSE 100 index so far this fiscal year is that investors worry that these companies may not be able to raise product prices in the run-up to elections
2 min read11 Sep 2018OMC, aviation stocks fall as crude prices hit new 2-year high
Shares of oil marketing companies (OMCs) and aviation firms fell a day after Brent crude rose to a fresh two-year high on an anti-corruption purge by Saudi Arabia's crown prince
1 min read7 Nov 2017Oil prices near 26-month high, OMCs and aviation stocks decline
Shares of oil marketing companies and aviation firms decline this month as oil prices rally, which could dent their margins
1 min read27 Sep 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared