Posts in category All News
Oil India- has its time come? (04-07-2024)
I don’t buy their logic.
I will wait till that happens. After all , the transition does not take place overnight. They still have earning from traditional business.
So the stock.is not going to crash.
What is the p/e currently these are trading vs nifty and any comparison with pvt stocks available for guidance ?
How much further can it go down if there is a margin squeeze?
No company will like to see the drop in margin !
if that happens , they would try to correct it either by raising price or taking similar step…
margin drop happens in every business and then they recover both pvt and PSU .
if the margin squeeze happens consistently for quarters , then we will have to take u turn in our decision.
PS : As I have said earlier if you have made enough return , you can always book profit if you are not interested in bonus share dividend etc
But I am keen. I find enough safety with PSI pack … 9-10% dividend yield will keep me going
Sebi extends deadline for submissions by brokers, depositories to Oct 31 (04-07-2024)
Lupin stock hits eight-year high at Rs 1,749 on healthy earnings outlook (04-07-2024)
Ray Kurzweil Still Says He Will Merge With A.I. (04-07-2024)
Oil India- has its time come? (04-07-2024)
Here they have clubbed all oil&gas PSUs.>'Curious case': Sell IOC, BPCL, HPCL, GAIL, Oil India, Petronet LNG shares, says Kotak. Here's why - BusinessToday
Basically they are giving an exit call for all oil -gas PSU(ioc-bpcl-hpcl-gail-oilindia-petronet).
They are stating whats been discussed here for ex. all of them moving to renewable,Petrochem,Gas and Capex under full swing.
The finding as per this analysis is - all of their diversifications are low margin hence they will have lower earnings going into FY26 etc.
What now fellas?..The stocks will die ?
D - Holding oil india.