Moneycontrol PRO

business

Petrol price cut to be neutral on OMCs: Tulsian

There is a possibility of a diesel price hike and a petrol price cut coming through of at least Re 1. SP Tulsian, sptulsian.com says that reduction in petrol price is more a cost parity price. Since, it is a deregulated one, this will not have a positive or negative, but neutral effect on OMCs.

first published: Mar 14, 2013 08:33 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseOutskill Genai