Record Losses: Here’s Why State-Owned OMCs #BPCL, #IOC & #HINDPETRO Languished in Q1 tate-owned fuel retailer and refiners Bharat Petroleum, Indian Oil and Hindustan Petroleum have all reported huge losses in the June 2022 quarter, totalling a massive Rs 18,480 crore in size, aided by eroding marketing margins on fuels petrol, diesel and domestic LPG. Oil marketing companies revise the prices of petrol and diesel every day, in line with the global oil prices. However, the three public sector oil companies have not undertaken any rate hikes or change in fuel rates in the past four months despite international crude oil prices shooting to multi-year record highs in the period. The prices of domestic LPG have also been held and not revised in tandem with the rising costs. The combined loss of Rs 18,480.27 crore is the highest recorded in any quarter. The basket of imported crude oil in India during the Apr-Jun quarter averaged $109/barrel, compared to the retail pump rates in the country aligned to about $85-86/barrel, stated a PTI report. In May 2022, the Centre cut excise duty on petrol and diesel. The ongoing freeze on petrol and diesel prices by the state-owned oil retailers has now touched the 124-day mark.

🧚‍♀Wrost Result Posted by HPCL. Short Term Target 220/200 Stoploss 280. Avoid all OMC companies.👎 #HINDPETRO

Possible trending stock for tomorrow #BEL #DABUR #DIVISLAB #HINDPETRO #JKCEMENT #LAURUSLABS NBCC

HINDPETRO AGAAIN NEW HIGH 5.60 🔥🔥🔥🔥🔥UNSTOPPABLE #HINDPETRO

https://economictimes.indiatimes.com/industry/energy/oil-gas/reducing-losses-nayara-energy-set-to-ration-diesel-compensate-dealers/articleshow/91731563.cms #BPCL #HINDPETRO #IOC #RELIANCE

*Stocks in News* Equitas Small Finance Bank: Veteran banker P N Vasudevan has resigned as the managing director and chief executive officer of Equitas Small Finance Bank, the lender informed the stock exchanges. Vasudevan, in his resignation letter, said he wants to devote his time towards social welfare through his public charitable trust. HPCL: State-run oil refiner and marketer Hindustan Petroleum Corporation posted a 34 percent decline in consolidated net profit in the March quarter to Rs 2,019 crore from Rs 3,061 crore in the year-ago period due to rise in total cost. Revenue for the quarter stood at Rs 1.07 trillion, up 24.2 percent from Rs 85,755 crore last year. Total cost rose 28 percent to Rs 1.05 trillion from Rs 81,717 crore a year ago. Operating margin for the quarter contracted sharply to 1.57 percent from 4.46 percent last year. Average gross refining margin during the year ended March 2022 was $7.19 per barrel as against $3.86 per bbl during the corresponding previous year. Godrej Consumer Products: Godrej Consumer reported a 1 percent fall in net profit for the March quarter to Rs 363 crore year-on-year as a slowdown in consumption and high commodity inflation weighed. Revenue rose 7 percent from a year ago to Rs 2,920 crore. Total cost rose 12 percent year-on-year to Rs 2,540 crore. Gland Pharma: Gland Pharma's net profit rose 10 percent to Rs 285.90 crore in the quarter ended March 2022 as against Rs 260.41 crore during the same quarter previous fiscal. Net sales rose 24.25 percent to Rs 1,103.01 crore as against Rs 887.75 crore a year ago. EBITDA margin contracted sharply to 35 percent from 40 percent year-on-year. Ashok Leyland: The company reported a 274 percent YoY jump in net profit at Rs 901.4 crore for the fourth quarter of FY22. Total income stood at Rs 8,744.3 crore during the quarter, up 24.9 percent against Rs 7,000.5 crore in the corresponding period of the preceding fiscal. Its truck market share for Q4 FY22 has improved to 30.6 percent against 28.9 percent in Q4 FY21, this is the highest market share seen in the last 11 quarters. Biocon: Subsidiary Biocon Biologics, and Viatris Inc. announced that Abevmy (bBevacizumab) is now available in Canada. Abevmy, co-developed by Biocon Biologics and Viatris, is a biosimilar to Roche's Avastin (Bevacizumab) and has been approved by Health Canada across four oncology indications. Eros International: Its board approved raising Rs 405 crore by issuing 13.50 crore warrants at a price of Rs 30 a share. #BIOCON #ASHOKLEY #GLAND #HINDPETRO #GODREJCP

Good News : 1. Zydus lifescience going to buyback shares #ZYDUSLIFE 2. HPCL profit rise 106% #HINDPETRO 3. Gland Pharma profit rise 9.8% #GLAND 4. Ashok Leyland profit rise 273% #ASHOKLEY 5. GMM Pfaudler going to give bonus #GMMPFAUDLR Chemical, Finance, Pharma and Textile stocks will go upside today

BEARISH STOCKS FOR THE DAY, SELL ON RISE: #HINDPETRO #IBULHSGFIN

BEARISH STOCKS FOR THE DAY, SELL ON RISE: #HINDALCO #IGL #EXIDEIND #RBLBANK #HINDPETRO

https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-to-study-sanctions-impact-on-trade-settlement-with-russia/articleshow/90304051.cms #HINDPETRO #IOC

*Futures & Options educational trades for the week 14.3.22 to 17.3.22* (My trade guidelines -appended below - apply). #stockmarket *OPTIONS* #HINDPETRO *HINDPETRO ce 295* cmp 13.70 buy upto 7.00 stop 3.80 target 19.00 /27.00+

https://economictimes.indiatimes.com/industry/energy/oil-gas/reliance-sells-cbm-gas-for-over-23-hoec-gets-25/articleshow/90127318.cms #BPCL #GAIL #HINDPETRO #ONGC #RELIANCE

*Futures & Options educational trades for the week 7.3.22 to 11.3.22* (My trade guidelines -appended below - apply). #stockmarket *FUTURES* #HINDPETRO *HINDPETRO* cmp 281.10 buy upto 268.00 stop 262.60 target 316.00+

BUY #HINDPETRO 280 CE @10.30 ☝☝☝

Nirmal Bang target on HINDPETRO Date: 01-Feb-22 Broker: Nirmal Bang Price @ Call: 314 Target: 394 Potential: 25.48% Recommendation: BUY

https://economictimes.indiatimes.com/markets/stocks/news/govt-may-own-51-stake-in-proposed-operator-of-gas-pipeline-capacity/articleshow/88019355.cms #GAIL #HINDPETRO #ONGC

https://economictimes.indiatimes.com/industry/renewables/oil-psus-to-set-up-22000-ev-charging-stations/articleshow/87607415.cms #BPCL #HINDPETRO #RELIANCE

POSSIBLE BULLISH STOCKS for coming days This view is based on volume data, oi data, delivery data & price action posts are for educational purposes only & not any recommendation #HINDPETRO #IGL #MUTHOOTFIN #PFIZER

HDFC Securities target on HINDPETRO Date: 03-Nov-21 Broker: HDFC Securities Price @ Call: 303 Target: 345 Potential: 13.86% Recommendation: ADD

https://economictimes.indiatimes.com/industry/renewables/indian-oil-corp-to-set-up-10000-electric-vehicle-charging-stations/articleshow/87513271.cms #HINDPETRO #IOC

Major Earnings Today: #BHARTIARTL #SUNPHARMA #DABUR #GODREJPROP #P&G Hygiene and Healthcare #HINDPETRO Jindal Steel and Power Trent Union Bank of India Bank of India Radico Khaitan Gillette India BASF

https://economictimes.indiatimes.com/markets/stocks/recos/buy-hpcl-target-price-rs-360-edelweissnbsp/articleshow/87296468.cms #HINDPETRO

Looking good for BTST/For coming days... (Strictly cash) #HINDPETRO #HINDUNILVR #SBIN #WIPRO #POLYCAB BTST involves risk of Gap Downs because of Global cues. Consider that before entering.

Below mentioned stocks can be bought above given levels... #GODREJPROP above 2500 #HINDPETRO above 324 #SUNPHARMA above 827 Watch carefully and take your trades accordingly.

EQUITY WATCHLIST FOR TODAY! #ICICIGI #DABUR #TITAN #HINDPETRO #CIPLA

#HINDPETRO buy 28 Oct 310 CE at 9.20 TGT 15,16, 17 SL 7 Validity - 28 Oct 2021

https://economictimes.indiatimes.com/industry/energy/oil-gas/petrol-diesel-rise-to-new-record-highs-as-rates-hiked-again/articleshow/86701554.cms #HINDPETRO #IOC

📌 Stock Option Call #HINDPETRO OCT 310 CE Buy Above 14 Cmp 13 Sl 12.5 Tgt 15...16...18

#BPCL #HINDPETRO #GMRINFRA moving higher

POSSIBLE BULLISH STOCKS for coming days This view is based on volume data, oi data, delivery data & price action posts are for educational purposes only & not any recommendation #HINDPETRO #IOC #IRCTC #KOTAKBANK #PFC #PNB #POWERGRID theme for coming days psu

https://economictimes.indiatimes.com/markets/stocks/stock-watch/shares-of-hpcl-rise-as-nifty-drops/articleshow/86548919.cms #HINDPETRO

https://economictimes.indiatimes.com/industry/energy/oil-gas/diesel-prices-increase-again-petrol-rates-remain-unchanged/articleshow/86526240.cms #HINDPETRO

https://economictimes.indiatimes.com/industry/energy/oil-gas/diesel-prices-hiked-petrol-remains-unchanged/articleshow/86477074.cms #HINDPETRO #IOC

https://economictimes.indiatimes.com/markets/stocks/stock-watch/hpcl-shares-gain-0-81-as-sensex-rises/articleshow/86418715.cms #HINDPETRO

https://economictimes.indiatimes.com/markets/stocks/stock-watch/hpcl-shares-drop-1-39-as-sensex-falls/articleshow/86390847.cms #HINDPETRO