Sell GAIL (India); target of Rs 163: Prabhudas Lilladher

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Prabhudas Lilladher’s research report on GAIL (India)
GAIL reported lower than estimated EBITDA of Rs35.6bn (down 7% QoQ, PLe: Rs40.5bn) while PAT came in at Rs21.8.bn (down 23% QoQ, PLe: Rs27bn). Decline in PAT was also due to additional depreciation of Rs1.7bn during the quarter on account of capitalization of…
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Source: https://www.moneycontrol.com/news/business/stocks/sell-gail-india-target-of-rs-163-prabhudas-lilladher-12727158.html/amp

IOCL exports premium fuel to Sri Lanka

Indian Oil Corporation Ltd. (IOCL) on Saturday exported its first-ever consignment of 100 octane premium fuel, XP100 to Sri Lanka. The product is tailored for premium high-end vehicles.Flagging off the shipment at the Jawaharlal Nehru Port Trust in Mumbai, V. Satish Kumar, Director (Marketing), Indian Oil said this was the third time the Company was taking a product offshore, showcasing its potential to send quality products from India to the world. “This marks a momentous occasion as…
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Source: https://www.thehindu.com/business/iocl-exports-premium-fuel-to-sri-lanka/article68192975.ece/amp/

Q4 Results 2024 LIVE Updates: ONGC, Oil India, Steel Authority of India, Whirlpool of India, Apollo Pipes, more to announce earnings today – Industry News

Key Q4 Results Live Updates: With the likes of Maruti Suzuki, Wipro, Bajaj Finserv Infosys, TCS, HCL Technologies, HDFC Bank, Jio Financial, Reliance Industries, Tata Consumer Products, HUL, Axis Bank, Tech Mahindra, M&M, Vodafone Idea, Biocon, Godrej Industries, having already released their earnings for the quarter ended March 31, 2024, the Q4 earnings season is now full swing. Market participants are today keen on the performance of players like ONGC, Bharat Electronics, Oil India, Steel…
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Source: https://www.financialexpress.com/business/industry-q4-results-2024-live-updates-ongc-oil-india-steel-authority-of-india-whirlpool-of-india-apollo-pipes-more-to-announce-earnings-today-3494307/lite/

Top 3 Turbo Petrol SUVs Below Rs 10 Lakh. Check Here

Turbo petrols are now proving to be quite popular in India but there are not many of them below Rs 10 lakh with most entry level SUvs having a naturally aspirated engine while only their top-end trims have a turbo petrol. A turbo petrol engine brings in more performance without the cost of fuel efficiency too. Here are the top 3.
Tata NexonThe Nexon remains one of the most popular sub4m SUVs and in its new avatar it is a big hit. Tata Motors have also adjusted the prices…
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Source: https://news.abplive.com/auto/top-3-turbo-petrol-suvs-below-rs-10-lakh-nexon-fronx-xuv-3xo-check-here-1688824/amp

GAIL India share price Today Live Updates : GAIL India Stock Rises in Positive Trading Today

GAIL India Share Price Today Live Updates : On the last day, GAIL India opened at ₹205.2, reached a high of ₹210.4, and closed at ₹203.85. The low for the day was ₹205.05. The market capitalization was ₹137,255.21 crore. The 52-week high was ₹213.7 and the 52-week low was ₹102.95. The BSE volume for the day was 424,203 shares traded.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.


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Source: https://www.livemint.com/market/live-blog/gail-india-share-price-today-latest-live-updates-on-20-may-2024/amp-11716172649909.html

Ongc Share Price Live blog for 20 May 2024

Ongc Share Price Today Live Updates : On the last day of trading, ONGC opened at ₹280.95, reached a high of ₹281.65, and a low of ₹278.5 before closing at ₹277.3. The market capitalization stood at ₹351,115.59 crore. The 52-week high for ONGC was ₹292.95 and the 52-week low was ₹150.7. The BSE volume for ONGC was 58,742 shares traded.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.


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Source: https://www.livemint.com/market/live-blog/ongc-share-price-today-latest-live-updates-on-20-may-2024/amp-11716172393194.html

IIM Ranchi concludes 3-day MDP organised for IOCL Personnel

The Indian Institute of Management Ranchi successfully concluded its three-day Management Development Programme (MDP) on Saturday, culminating in a valedictory ceremony held at its premises. The programme, which ran from May 16 to May 18, 2024, was tailored for the personnel of Indian Oil Corporation Limited (IOCL), with a primary focus on enhancing skills related to “Professional Etiquettes, Ethics at Workplace & Public Dealing, Emotional Quotient & Emotional Intelligence.” 25 senior…
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Source: https://www.freepressjournal.in/corporate-gallery/iim-ranchi-concludes-3-day-mdp-organised-for-iocl-personnel

Alert petrol bunk staff avert fire mishap

Alert staffers of Nayara Yadadri petrol filling station doused flames from a lorry that caught fire at their bunk on Sunday.The lorry, which came there around 10.21 a.m., suddenly went up in flames. “The staff present there immediately pulled out a fire extinguisher and doused the flames. No Dial 100 or fire distress calls were made,” said Bhongir police.
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Source: https://www.thehindu.com/news/national/telangana/alert-petrol-bunk-staff-avert-fire-mishap/article68194109.ece/amp/

Reliance seeks access to ATF pipelines, storages of PSU oil firms, ET Auto

Out of the 17.12 million tonnes of aviation turbine fuel (ATF) produced by public and private sector refineries, 8.2 million tonnes is consumed within the country and the rest is exported.Reliance Industries Ltd has sought access to pipelines and storages that public sector oil companies have built over the years for supplying jet fuel (ATF) from depots and oil refineries to airports, as it looks for a larger pie of fuel trade at some of Asia’s busiest…
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Source: https://auto.economictimes.indiatimes.com/amp/news/oil-and-lubes/reliance-seeks-access-to-atf-pipelines-storages-of-psu-oil-firms/110248129