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 margins are modest, improved marketing profitability could offset these concerns.
Top 10 large-caps with rising retail investor holding in June quarter
Retail shareholding in several NSE large-cap stocks surged in Q1 FY25, led by Samvardhana Motherson, Siemens Energy India, and Hindustan Zinc. The trend signals growing