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  • Lower GRMs amid high crude price may drag down performance of state-run OMCs

    Singapore GRMs have fallen below $4 per barrel in April—lowest since October 31—compared to around $10 per barrel in February, highest so far in 2024.

  • Reliance Industries quarterly result: GRM at 8-year high of $11.50/bbl

    Reliance Industries quarterly result: GRM at 8-year high of $11.50/bbl

    Gross refining margins --the difference between crude price and total value of petroleum products produced by the refinery -- for the year FY17 stood at USD 11.0 per barrel against USD 10.8 per barrel in the previous fiscal.

  • Oil mkt over-supplied, prices may not rise significantly: HPCL

    Oil mkt over-supplied, prices may not rise significantly: HPCL

    The decision of the OPEC countries to cut output in an effort to reduce global glut has created ripples in the oil market. But, HPCL's Chief, MK Surana believes prices will not rise substantially.

  • Expect to beat S'pore benchmark by $1.50-2 a barrel soon: MRPL

    Expect to beat S'pore benchmark by $1.50-2 a barrel soon: MRPL

    The gross refining margins (GRMs) stood at USD 10.01 per barrel compared to USD 6.62 per barrel same quarter last fiscal.

  • Reliance Q4 net seen at Rs 7000 cr, GRMs likely at $10.8/bbl

    Reliance Q4 net seen at Rs 7000 cr, GRMs likely at $10.8/bbl

    During the quarter, petro chemical EBIT is likely to be down 1 percent at Rs 2620 crore against Rs 2639 crore on sequential basis. Refining EBIT may be 4 percent lower at Rs 6233 crore versus Rs 6491 crore (QoQ).

  • IOC, HPCL, BPCL top picks post Q3; Q4 to be strong: Jefferies

    IOC, HPCL, BPCL top picks post Q3; Q4 to be strong: Jefferies

    Jefferies says India state-owned OMCs remain top picks in the oil & gas sector as it believes consensus and market is under-estimating earnings potential of these companies in a low crude price environment. Recently International benchmark Brent touched 12-year low at around USD 27 a barrel.

  • Mkt may see new highs before H1 2015-end: Emkay

    Mkt may see new highs before H1 2015-end: Emkay

    Krishna Kumar Karwa, MD, Emkay Global Financial Services believes it is possible to see the market take out new highs before the first half of FY15. But for it to sustain, it has to be supported by earnings growth, he cautions.

  • Reliance Industries Q1 net up 19% on GRM surge

    Reliance Industries Q1 net up 19% on GRM surge

    Reliance Industries has posted a 19 percent year-on-year rise in June quarter profit to Rs 5352 crore. Sales have however declined to Rs 87645 crore, down 4.5 percent YoY.

  • Reliance Industries Q1 PAT seen up 18% YoY: Poll

    Reliance Industries Q1 PAT seen up 18% YoY: Poll

    While announcing Q1 numbers, RIL management may announce additional investment in exploration and production business, if the new gas price formula turns out to be viable.

  • Hindustan Petroleum's Q4 earnings: Key factors to watch

    Hindustan Petroleum's Q4 earnings: Key factors to watch

    Hindustan Petroleum is expected to post around 43%YoY jump in Q4 profit on improved GRMs.

  • Essar Oil returns to profit in Q4 on refining margins

    Essar Oil returns to profit in Q4 on refining margins

    Essar Oil posted Rs 200 crore profit on the back of robust refining margins and forex gain.

  • RIL refining margins may weaken in Q1, buy BPCL: Macquarie

    RIL refining margins may weaken in Q1, buy BPCL: Macquarie

    We are likely to see a weaker quarter for refining margins, says Jal Irani, MD -Oil & Gas Research, Macquarie Group after Singapore complex refining margin, nearly halves from USD 10 to USD 4.90.

  • Reliance Industries down 2% on Q4 revenue decline

    Reliance Industries down 2% on Q4 revenue decline

    Reliance Industries reported a 32 percent year-on-year growth in net profit for the quarter ended March, even as revenues declined 1.4 percent. For the full year, the company‘s revenues rose 9.2 percent and net profit by 4.8 percent. Here is what analysts have to say on their outlook for the stock after the latest set of earnings numbers:

  • Nifty may see more gains over next few days

    Nifty may see more gains over next few days

    Tuesday was a big day for the Indian market and looks like India could be back on the radar after being out in the cold for the last three months for global investors.

  • RIL Q4 net up 32% on robust refining margins, sales slide

    RIL Q4 net up 32% on robust refining margins, sales slide

    Reliance Industries (RIL) has reported 31.9 percent year-on-year jump in March quarter profit to Rs 5589 crore, boosted by an improvement in gross refining margins (GRMs), which is partly offset by lower gas output from its flagship KG-D6 basin.

  • RIL may post 31% YoY jump in Q4 PAT on robust GRMs: Poll

    RIL may post 31% YoY jump in Q4 PAT on robust GRMs: Poll

    Reliance Industries (RIL) is likely to post 30.8 percent year-on-year jump in its Q4 net profit to Rs 5540 crore. Revenues will also climb 7.6 percent to Rs 91,673 crore YoY, according to CNBC-TV8 poll.

  • Is RIL's Rs 1 lakh cr capex for core biz ready to take off?

    Is RIL's Rs 1 lakh cr capex for core biz ready to take off?

    Reliance Industries (RIL) is expected to invest around Rs 1,00,000 crore in its various business verticals in the next five years of which 85 percent would be in its core oil and gas and petchem businesses, state media reports.

  • RIL stock price to touch 4 digit: SP Tulsian

    RIL stock price to touch 4 digit: SP Tulsian

    CNBC-TV18 interviewd SP Tulsian of sptulsian.com to know his reaction on RIL's better-than-expected performance for the quarter ending in Decmber. Tulsian expects Petchem to outperform in future as well.

  • Bullish on cement till June; buy Exide at Rs 120: Tulsian

    Bullish on cement till June; buy Exide at Rs 120: Tulsian

    In an interview to CNBC-TV18, SP Tulsian of sptulsian.com sees good support for Exide at Rs 120 and considers it as a good entry point for short-term.

  • Reliance Industries Q3: Here's what the street is expecting

    Reliance Industries Q3: Here's what the street is expecting

    lining KG-D6 volumes and muted gross refining margins (GRMs) are likely to impact Reliance Industries‘ (RIL‘s) December quarter earnings, say brokerages. The company‘s petchem segment may post better numbers, partially offsetting poor show from other businesses.

  • Reliance: What are brokerages recommending post Q2

    Reliance: What are brokerages recommending post Q2

    Reliance Industries' Q2 numbers were almost in-line with street expectations. As expected, declining gas output from the energy giant‘s KG-D6 fields and muted performance in the petchem business led to an almost 5.7% decline in profits, YoY.

  • Reliance Q2: Here's what the street is expecting

    Reliance Q2: Here's what the street is expecting

    Reliance Industries (RIL) is all set to declare its September quarter earnings on Monday. Brokerages on an average expect net profit of the company to decline 6 percent Year-on-Year to Rs 5,365 crore, but the same is likely to grow by 20 percent quarter-on-quarter.

  • KGD6 likely to hurt RIL for another 2 quarters: Expert

    KGD6 likely to hurt RIL for another 2 quarters: Expert

    Big boy Reliance Industries has delivered a stable fourth quarter performance. The oil and gas major's profits have declined just 4.5% sequentially to Rs 4,230 crore. Refining and petchem performance is slightly better-than-expected. GRMs have surpassed estimates at USD 7.60/bbl.

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