According to the data from Ace Equity, about a dozen state-run companies have delivered between 50-170 per cent return in the current calendar year, with at least four turning multibaggers as of September 19. However, this performance has been concentrated to select pockets. Only stocks related to petroleum refinery, coal mining, defence and banking stocks have been able to outperform.
Earnings of OMCs seen weak as Q1FY27 under-recoveries bite: Report
Oil companies are projected to experience ongoing challenges through FY27, primarily due to anticipated under-recoveries in Q1FY27, with LPG losses being a considerable issue. Although
June 21, 2026