Loading...
Kotak Issues 'Sell' Call on IOC, BPCL, HPCL Shares; Warns of Profit Drop if Crude Hits $100+
LIVE TV
LOCAL
ENGLISH
For You
Entertainment
National
Sports
Markets
Business & Economy
Lifestyle
World
Astrology & Religion
Technology
Education & Jobs
Auto
Politics
Viral
Opinions
Loading more articles...
Home
Local
Live TV
Kotak Warns on OMCs: 'Sell' IOC, BPCL, HPCL as $100+ Crude Erodes Profits
C
CNBC Awaaz
•
17-03-2026, 08:17
Kotak Warns on OMCs: 'Sell' IOC, BPCL, HPCL as $100+ Crude Erodes Profits
•
Kotak Institutional Equities advises caution on OMC shares (IOC, BPCL, HPCL) due to West Asia crisis and rising crude oil prices.
•
Brokerage reiterates 'Sell' rating and cuts target prices for all three OMCs, citing increased pressure on earnings.
•
Crude oil estimates raised to $85/barrel for FY27; limited retail pricing freedom means OMCs bear higher costs.
•
Previously gained marketing margins on petrol/diesel may erode if high oil prices persist and costs can't be fully passed on.
•
IOC target cut to ₹100, BPCL to ₹240, HPCL to ₹235, reflecting higher risks from crude and limited pricing power.
Read Full Article on Cnbc in Hindi
✦
More like this
✦
More like this
Investec Recommends 'Sell' on HPCL, BPCL, IOC; Favors Reliance Industries
C
CNBC TV18
Rupee Plunges to Record Low Amid Oil Shock, Kotak Warns of Further Depreciation
F
Firstpost
Oil Rally Squeezes Indian OMCs as Retail Fuel Prices Remain Unchanged
C
CNBC TV18
IndiGo Shares Plunge 8% Amid Oil Surge; Kotak Sees 25% Upside, Crisil Upgrades
C
CNBC TV18
UBS Warns: West Asia Turmoil Drives Crude Surge, Threatening Indian OMCs' Profits
F
Firstpost
OMC Stocks Crash 9% as Oil Surges Amid US-Iran War; UBS Downgrades HPCL, BPCL, IOC
N
News18
