ONGC announced successful production at its deep-water KG-DWN-98/2 Block on Jan. 7. The company anticipates the block to produce 45,000 barrels of oil per day. With the commencement of production at the block, the company expects to achieve its production target of around 1.5 million metric tonne of oil and 2 million cubic metres of gas, it said in an analyst meeting on Nov. 15, 2023.With respect to Reliance Industries, not only do the retail and upstream segments have positive factors…
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Category: Reliance Petroleum
5 Nabbed While Planning Robbery At Petrol Pump In Ujjain
Pithampur (Mhow): Pithampur sector-1 police arrested five criminals with weapons while planning a robbery, the police said. According to station in-charge Santosh Dudhi, information was received that some miscreants in Pithampur are planning to commit robbery at the Reliance petrol pump on Mhow-Neemuch road. Based on the information, the police formed three teams under the guidance of senior officers. They raided a deserted place behind the Reliance petrol pump on Mhow-Neemuch Road and…
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Snap-E Cabs, Jio-bp launch EV charging hub in Kolkata
It will operate under the Jio-bp brand, a joint venture between Reliance Industries Ltd and British Petroleum.
The hub was inaugurated in the presence of Alex Ellis, British High Commissioner to India, and Andrew Fleming, British Deputy High Commissioner to East & North-East India.
Mayank Bindal, Founder and CEO of Snap-E Cabs, emphasised on the importance of minimising downtime for electric cabs, a key focus area for the company.
“With readily available charging infrastructure, we can…
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Source: https://theprint.in/economy/snap-e-cabs-jio-bp-launch-ev-charging-hub-in-kolkata/1931439/?amp
Stocks to buy, share price target 2024: Indian Oil, BPCL, HPCL, Oil India, Gujarat Gas, IGL, Reliance Industries and more
Share Price Target 2024: Yes Securities initiated BUY rating on Indian Oil, BPCL, HPCL and Reliance Industries shares. Stocks to buy, share price target 2024: Indian Oil, BPCL, HPCL, Oil India, Gujarat Gas, IGL, Reliance Industries and more (Pic: iStock/ET NOW News) Subscribe for latest updates Unsubscribe for latest updates Share Price Target 2024: Domestic brokerage firm Yes Securities is bullish on Oil & gas stocks. The brokerage has initiated BUY raring on state-run Hindustan…
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CLSA raises concerns about India’s stretched valuation, bullish on RIL, HDFC Bank, ONGC, Infosys – Market News
In a recent report, foreign brokerage firm CLSA has expressed caution regarding the current valuation levels in the Indian stock market, describing it as not only stretched but also the most expensive large market globally.
Despite remaining bullish on certain stocks, including Reliance Industries, HDFC Bank, ICICI bank, Infosys, L&T, Axis Bank, Sun Pharma, Oil & Natural Gas, SBI Life Insurance, IndusInd bank, Hindalco, and ICICI Prudential life, CLSA warns that the elevated starting…
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CLSA raises concerns about India’s stretched valuation, bullish on RIL, HDFC Bank, ONGC, Infosys – Market News
In a recent report, foreign brokerage firm CLSA has expressed caution regarding the current valuation levels in the Indian stock market, describing it as not only stretched but also the most expensive large market globally.
Despite remaining bullish on certain stocks, including Reliance Industries, HDFC Bank, ICICI bank, Infosys, L&T, Axis Bank, Sun Pharma, Oil & Natural Gas, SBI Life Insurance, IndusInd bank, Hindalco, and ICICI Prudential life, CLSA warns that the elevated starting…
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Jefferies downgrades 5 stocks including GAIL,BPCL, Gujarat Gas to underperform in Oil&Gas sector; whereas Mahanagar Gas still remains the top pic of Jefferies – Market News
In a recent analysis of the Oil & Gas sector, Jefferies has downgraded five stocks, including GAIL, Gujarat Gas, Bharat Petroleum, Hindustan Petroleum, and Petronet LNG, to ‘underperform.’
However, Mahanagar Gas continues to hold its position as Jefferies’ top pick. The brokerage firm suggests a ‘hold’ rating for Indraprasth and Indian Oil.
Jefferies anticipates a range-bound profitability scenario for Reliance Industries Limited (RIL) in the Oil-to-Chemicals (O2C) segment…
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