PSU Stocks

NMDC share price today opened with an upside gap and touched a new 52-week high of ₹88.07 apiece on the NSE

The earnings of OMCs in Q4 FY26 could be weaker on the back of higher retail fuel losses and a sharp rise in LPG under-recoveries, but partially offset by strong gross refining margins (GRMs).

Shares of oil marketing companies (OMCs) faced selling pressure on Monday, April 13, following a sharp surge in crude oil prices, which rose above $100.

Oil PSU stocks Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation (HPCL) rose 2%-2.5% today as crude pulled back from recent highs. A positive sentiment in the Indian stock market also boosted gains.

BEL share price rallied 6% on Wednesday, April 1. The defence PSU stock announced 16.2% growth in turnover to ₹26,750 crore in FY26, rising from ₹23,024 crore in the same period of the previous year.

OMC stocks had gained in the opening deals after the government slashed excise duty on petrol to ₹3 a litre and exempted diesel, as it looks to neutralise the losses for these PSU companies from surging crude oil prices without raising retail prices.

IREDA has declared an interim dividend of ₹0.6 per equity share for FY 2025-26, with a record date set for April 2, 2026. The stock has faced a 30% decline over the past year, closing at ₹119.2 on March 25, 2026.

ICICI Securities' analysis one-year forward multiples, over the last three crises, implies that OMC stocks can fall another 15-20% from here, especially if the conflict lingers for another 60 days.

ONGC share price has shown resilience amid the US-Iran war, shedding only 3.50% while other oil stocks suffered greater losses

IREDA's board will meet on March 25 to consider an interim dividend for FY 2025-26. The trading window for securities will remain closed until 48 hours post-meeting. The board also approved raising its borrowing plan for FY 2025-26 to ₹35,800 crore.