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210 Results Found
  • Religare Cap sees 25% rise in 1 year post 'healthy correction' Oct 14, 2016 10:27 AM IST

    Religare Cap sees 25% rise in 1 year post 'healthy correction'

    The combination of factors such as passage of Goods and Services Tax, implementation of Seventh Pay Commission, besides a good monsoon and the central bank cutting rates is likely to trigger earnings recovery for companies going ahead, according to Gautam Trivedi, Managing Director and Chief Executive of Religare Capital Markets.

  • Good time to book profits; earnings-led volatility likely: Pros Jul 19, 2016 04:53 PM IST

    Good time to book profits; earnings-led volatility likely: Pros

    It is a good time to book profits because earnings are likely to be volatile. Moreover, even if earnings are good, they are already priced-in, says Ashwani Gujral of aswhanigujral.com.

  • Gautam Chhaochharia overweight on oil and gas space Jul 09, 2016 11:58 AM IST

    Gautam Chhaochharia overweight on oil and gas space

    Gautam Chhaochharia, Head-India Research at UBS is overweight on oil and gas space.

  • Draft policies on coal-based urea, ethanol in 3 weeks: Gadkari Jul 06, 2016 10:10 AM IST

    Draft policies on coal-based urea, ethanol in 3 weeks: Gadkari

    Ministries of Chemical and Fertilizer and New and Renewable Energy will come out with the draft policies for manufacturing of coal-based urea and second generation ethanol in three weeks, Union Minister Nitin Gadkari said.

  • Kerosene hiked 25 paise; it's a plus for OMCs: Ex-ONGC chief Jul 04, 2016 10:19 AM IST

    Kerosene hiked 25 paise; it's a plus for OMCs: Ex-ONGC chief

    The hike was long due and will be positive for upstream and oil marketing companies (OMCs) like Oil and Natural Gas Corporation, says RS Sharma, Former CMD, ONGC.

  • Credit Suisse bets on BPCL, OMCs earnings growth to sustain Jun 17, 2016 01:37 PM IST

    Credit Suisse bets on BPCL, OMCs earnings growth to sustain

    Credit Suisse expects recovery in refining margins from recent weakness, sustained strong India oil demand growth, organic EBITDA growth due to refinery expansions at BPCL/IOCL and solid marketing margin performance to keep OMC returns supported.

  • Jayalalithaa seeks withdrawal of hike in fuel price Jun 16, 2016 03:32 PM IST

    Jayalalithaa seeks withdrawal of hike in fuel price

    Noting that the Centre in "different installments" since 2014 had increased the excise duty on petrol and diesel by Rs 11.77 and Rs 13.57, respectively, she said the benefit of dip in crude prices was not properly passed on to customers.

  • GRMs of oil marketing cos may recover on strong demand: Report May 24, 2016 07:14 PM IST

    GRMs of oil marketing cos may recover on strong demand: Report

    Gross refining margins (GRMs) of public-sector oil marketing companies may recover on account of strong demand and higher marketing margins, says a report

  • IGL sets up record 72 CNG stations in four months May 02, 2016 01:44 PM IST

    IGL sets up record 72 CNG stations in four months

    The CNG filling facilities have been set up at the retail outlets of oil marketing companies (OMC) like Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) since January 2016, the company said in a statement.

  • OMCs ask Oil Min if diesel, petrol prices can be hiked Apr 29, 2016 05:20 PM IST

    OMCs ask Oil Min if diesel, petrol prices can be hiked

    The OMCs are asking the government to increase price of petrol by 90 paise and diesel by Rs 2.

  • OMCs gain up to 3% on petrol, diesel price hike Apr 05, 2016 01:48 PM IST

    OMCs gain up to 3% on petrol, diesel price hike

    Hindustan Petroleum Corporation climbed 2.94 percent to Rs 814.40, Bharat Petroleum Corporation jumped 2.55 percent to Rs 909.40 and IOC rose 2.43 percent to Rs 411.75 on BSE.

  • Budget 2016: HPCL, IOC, BPCL fall 2-3% on likely hike in crude import duty Feb 29, 2016 10:47 AM IST

    Budget 2016: HPCL, IOC, BPCL fall 2-3% on likely hike in crude import duty

    Analysts say if the government re-imposes 5 percent customs duty on crude (which is currently zero) then it would be negative for OMCs and positive for upstream companies.

  • See Rs 2000-3000 cr EBITDA hit on 5% customs duty hike: IOC Feb 25, 2016 10:29 AM IST

    See Rs 2000-3000 cr EBITDA hit on 5% customs duty hike: IOC

    AK Sharma, Director-Finance at IOC, says low crude price cannot be passed on to the customers as finished products are linked with product prices internationally.

  • IOC, HPCL, BPCL top picks post Q3; Q4 to be strong: Jefferies Feb 15, 2016 12:06 PM IST

    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.

  • 'Net income of corporates likely to rise 4.2% in Dec-qtr' Jan 07, 2016 07:05 PM IST

    'Net income of corporates likely to rise 4.2% in Dec-qtr'

    However, on ex-energy basis, the net income of companies is likely to drop by 4.5 per cent during the October-December quarter 2015-16 compared to the same period year-ago, as per a latest report by Kotak Institutional Equities (KIE).

  • Market volatility to continue for next 48 hours: Ajay Bagga Dec 14, 2015 09:43 PM IST

    Market volatility to continue for next 48 hours: Ajay Bagga

    According to market expert, Ajay Bagga volatility will continue for at least next 48 hours till the Fed uncertainty is out of the way.

  • Earnings push absent; worst over for Tata Motors: Prime Sec Dec 07, 2015 03:20 PM IST

    Earnings push absent; worst over for Tata Motors: Prime Sec

    ITC, especially, saw heavy selling and it cracked over 7 percent on news of a 'sin tax' — rate of a steep 40 percent that would be levied on select items such as tobacco products. But N Jayakumar, president of Prime Securities says regulatory headwinds have always existed for ITC

  • Oil cos and auto sector to pick-up soon: Motilal Oswal AMC Dec 03, 2015 09:37 AM IST

    Oil cos and auto sector to pick-up soon: Motilal Oswal AMC

    Meanwhile, with narrowing of short-term losses and improved marketing as well as refining margins, the oil marketing companies (OMCs) are expected to perform better going forward, Badshah adds

  • Nifty rebound: Bears may still have upper hand in near term Oct 08, 2015 02:38 PM IST

    Nifty rebound: Bears may still have upper hand in near term

    While retaining his Sensex fair value target of 28000 by March, Saurabh Mukherjea, CEO of institutional equities at Ambit Capital, cautioned that the index slipping to 22000 is a distinct possibility.

  • OMCs won't hike diesel prices with mkt rate: Sources Oct 07, 2015 03:34 PM IST

    OMCs won't hike diesel prices with mkt rate: Sources

    Sources say that Bihar elections is seen to be one of the key reasons for companies not hiking these prices.

  • How to trade PSU banks, OMCs and cos like Cipla Aug 17, 2015 03:56 PM IST

    How to trade PSU banks, OMCs and cos like Cipla

    Dilip Bhat of Prabhudas Lilladher, sees the beginning of a rerating for PSU banks over the next 12-15 months. According to him, PSU banks as a theme needs to be played. "The entire pack has to play the catch up game," he adds.

  • Look at HPCL, says Pashupati Advani Aug 15, 2015 12:29 PM IST

    Look at HPCL, says Pashupati Advani

    Pashupati Advani of Globalforay is of the view that one may prefer HPCL from oil marketing companies.

  • Govt to make 10% ethanol blending mandatory from next year Aug 11, 2015 01:55 PM IST

    Govt to make 10% ethanol blending mandatory from next year

    A decision in this regard has been taken by the Petroleum Ministry after Prime Minister Narendra Modi in a recent meeting said promoting ethanol production in a big way is the long-term solution for cash-starved sugar mills, which owe over Rs 14,000 crore dues to cane growers.

  • Exit Tata Steel, prefer OMCs, pharma stocks: Vishal Malkan Jul 20, 2015 03:33 PM IST

    Exit Tata Steel, prefer OMCs, pharma stocks: Vishal Malkan

    Vishal Malkan of malkansview.com advises exiting Tata Steel.

  • HPCL, BPCL, IOC rally 2-4% on low crude price Jul 06, 2015 11:44 AM IST

    HPCL, BPCL, IOC rally 2-4% on low crude price

    Crude is currently below USD 60 per barrel as lower crude prices will aid margins for the OMCs.

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