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    Inventory Gains

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    • JPMorgan downgrades HPCL, sees EPS to fall 7% over FY17-19

      JPMorgan downgrades HPCL, sees EPS to fall 7% over FY17-19

      Brokerage revises target price, which implies 13 percent downside; does not see merger with any state-owned companies.

    • HPCL profit jumps 53% on higher sales, inventory gains

      HPCL profit jumps 53% on higher sales, inventory gains

      State-owned Hindustan Petroleum Corp Ltd (HPCL) today reported 53 per cent jump in the December quarter net profit on account of higher fuel sales and inventory gains.

    • IOC's Q3 net seen rising 77% to Rs 5539 cr

      IOC's Q3 net seen rising 77% to Rs 5539 cr

      Analysts polled by CNBC-TV18 feel inventory gains could spring a surprise in the company's December quarter earnings. GRMs could be better in the third quarter after being lower in Q2 due to weak diesel spreads and inventory losses.

    • Crude may stay range-bound this year, aid inventory gains: IOC

      Crude may stay range-bound this year, aid inventory gains: IOC

      In an interview to CNBC-TV18 after the company reported strong first quarter earnings, Ashok said he is hopeful crude prices will remain range-bound this year helping IOC limit inventory losses or even post inventory gains.

    • Inventory gains, refining margins boosted Q1 earnings: BPCL

      Inventory gains, refining margins boosted Q1 earnings: BPCL

      In an interview with CNBC-TV18, P Balasubramanian, Director Finance of BPCL said inventory gains and high refining margins helped in stable June quarter earnings.

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