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Psu Omc

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Global Banking Crisis: Low Prices To Brighten Prospects Of OMCs

While prices sustaining lower levels is crucial, govt actions are also a key monitorable given the forthcoming elections in 2024. Kindly note the image has only been published for representational......

Nifty PSU: Positive rerating of these stocks likely

The last year has seen public sector undertakings (PSUs) outperforming the Nifty50, albeit by a small degree. Photograph: Francis Mascarenhas/Reuters But PSU valuations are still, on average, less......

Is another oil price hike looming in India?

The high prices mean pressure on OMCs to raise domestic auto fuel prices, a move that has been kept in abeyance in light of looming assembly elections in five states. India is back on the......

Why are analysts bullish on PSU stocks?

Business prospects are improving across the PSU landscape. Illustration: Uttam Ghosh/Rediff.com Stocks of public sector companies, especially the oil refining and marketing companies (OMCs)......

India stares at fuel shortage with spike in under-recovery at OMCs

As oil marketing companies (OMCs) stare at huge under-recoveries, India is facing fuel shortage across the country with states like Rajasthan, Madhya Pradesh, Karnataka Uttarakhand, Gujarat and......

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