Experts believe that Indian ethanol market should grow from US$2.50 billion in 2018 to US$7.38 billion by 2024. This means that this industry should be able to compound at ~14.50% between 20… Read More

Shares of an ethanol manufacturing company surged 16.26 percent on Wednesday’s trades to reach an intraday high of ₹ 236.00 apiece on the National Stock Exchange (NSE), as oil ma… Read More

India Ethanol market stood at USD2805.38 million in 2021 and is expected to grow at a CAGR of 12.68% during the forecast period. This can be attributed to the factors like administrativ… Read More

“We have been constructive on small & midcap space (SMID) since Sept – Oct 2022 and believe that this space is likely to generate outsized returns over the n… Read More

Lucknow, June 12 (IANS) Uttar Pradesh is all set to emerge as the biggest ethanol producer in the country with around 100 operational distilleries in the ongoing 2023-24 fiscal year.Addition… Read More

Oil stocks traded broadly in red on Monday after the Organization of the Petroleum Exporting Countries (OPEC)  trimmed production for the current year. OMCs such as HPCL and BP… Read More

The Indian Government’s push for green energy and reducing the import bill incurred on Crude oil, has promoted the use of hybrid and flex fuel vehicles in the country. This has led to… Read More

Crude oil prices and diesel marketing margins witnessed sharp corrections to ₹ 3.5 per litre to ₹ 13 per litre in H1FY23, as international diesel prices corrected to $103/bbl aft… Read More

Rubbishing the reports about a possible shortage of petroleum products, the government on Thursday said the country had ample stock to meet the demand. The petroleum ministry, in an offic… Read More

The oil industry has communicated to the government about an expected petrol and high speed diesel (HSD) shortage in the coming days due to inadequate imports and limited local availability… Read More

Shares of state-owned oil marketing companies (OMCs) were under pressure as Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) hit their respective 52-week lows o… Read More

Indian indices started in the green on Monday and surged 1.9% due to strong buying interest in IT, auto and realty stocks amid positive global trends. The Sensex and Nifty advanced close to… Read More

Among OMCs, we are not looking at 2x, 3x kind of a return but at least 20-25% return can be expected from IOC or ONGC or HPCL, says Yogesh Mehta, Founder, Yield Maximisers. Outlook on ITCOve… Read More

Any new investor at this point of time also has to keep in mind that whenever the correction comes, they would be comfortable holding on to whatever they are left with, says Kunj Bansal, CIO… Read More

From now to the end of November, you should watch and not buy. We are out of nearly all of our banking positions. We are waiting, says Deepak Shenoy, Founder, Capital Mind. Would you be a bu… Read More

Pakistanis have been rejoicing on Pakistan Stock Exchange’s ongoing bullish trend for the past couple of days. There has been a debate on whether the soaring PSX is an indicator for ec… Read More

Hold PSU stocks for dividends, hold for privatisation but sell if you think that it is going to be a repeat of what the last five-six years have been all about, says Ajay Srivastava, CEO, Di… Read More

Government has taken various measures to improve viability of sugar industry, thereby enabling sugar mills to make timely payment of cane dues of farmers. Going forward, diversion of excess… Read More

The Federal Government (FG) has approved the reduction of the pump price of Premium Motor Spirit (PMS), popularly referred to as petrol, from N145 per litre to N125 per litre with immediate… Read More

The markets on Monday were dominated by the 11% spike in crude oil prices, which would have added nearly 0.6% to the Current Account Deficit. The OMCs and the auto stocks were the worst hit… Read More

Yes Bank gains 3% ahead of CEO-search committee meetShares of Yes Bank gained ~3% in the afternoon session Thursday ahead the first meeting of its CEO-search committee scheduled later today… Read More