Indian Oil Corporation, Hindustan Petroleum Corporation Ltd, and Bharat Petroleum Corporation Ltd are set to deliver robust earnings in H2FY25, making their stocks appealing at current levels, analysts noted. Despite rangebound stock performance post-Q2FY25 results, favorable factors such as stable crude oil prices and improving Gross Refining Margins support positive outlooks. While LPG under-recoveries have risen to over ₹210 per …
Shares in consumer goods conglomerate ITC and lender Axis Bank Ltd fell 6 percent and 3.8 percent, respectively, after a news report that the government is planning to sell its stakes in the two companies. The Sensex dropped over 200 points in early trade on Wednesday tracking losses in index-heavyweights ITC, Axis Bank and Kotak Bank amid rising concerns over …
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