Higher crude oil prices a net positive for upstream cos, possibly for OMCs too : Kotak (...)
Kotak Institutional Equities reports that rising crude oil prices benefit upstream companies like ONGC and Oil India, increasing their EPS. Surprisingly, OMCs (BPCL, HPCL, IOCL) may also gain if the government maintains current pump prices, leading to potential margin expansion. While refining (...)
Site référencé: The Economic Times
The Economic Times
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