LIC flop show continues; shares hit fresh all-time low
LIC's current market cap stands at ₹3.9 lakh crore, a huge fall from ₹6 lakh crore on its listing day, eroding investors’ wealth by around ₹2.1 lakh crore.
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September 2022
August 2022
June 2022
Sensex, Nifty to open in red; RIL, Torrent Pharma, BPCL, Power Grid, BHEL shares eyed
The Sensex and Nifty are poised to open lower on Wednesday, in line with global equities as investors remain concerned about a potential global recession.
Halfway through fiscal, is privatisation losing way?
Poor due diligence and planning led to the calling-off of privatisation at BPCL, CEL, Pawan Hans
Will falling crude prices, improving marketing margins boost OMC stocks?
The recent fall in international crude and product prices has helped state-owned OMCs to narrow their marketing losses.
BPCL to set up 2 new petrochem units at Bina, Kochi
Feasibility studies and other pre-project activities are underway to set up an ethylene cracker project at Bina Refinery and a polypropylene project at Kochi Refinery
BPCL readies for energy transition with 6 strategic focus areas
The state-owned oil company plans to achieve net zero carbon emissions by 2040 and to invest ₹1.4 lakh crore in the next five years
Sensex, Nifty to open higher; LIC, Max Healthcare, BPCL, Hero, ONGC, SBI shares eyed
The Sensex and Nifty are poised to open higher on Tuesday, following gains in global peers and firm trading on SGX Nifty futures.
HPCL, BPCL, IOC shares fall up to 6%; here's why
HPCL, BPCL, IOC reported a combined loss of ₹18,480 crore in the June quarter due to a decline in the margin on petrol, diesel, and domestic LPG in the backdrop of rise in international crude prices
Soft opening seen for Sensex, Nifty; Airtel, SBI, BPCL, Paytm, IOB, Marico, Power Grid shares eyed
The Sensex and Nifty are poised to edge lower in the opening trade on Monday, following soft cues from Asian peers and muted trends on SGX Nifty Futures.
Sharp drop in crude oil prices poses upside risks for OMCs: Report
ICICI Securities has downgraded state-owned oil retailer HPCL to “REDUCE” from “ADD”, BPCL to “ADD” (from “BUY”), while it retained “BUY” call on IOCL.
