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A fall in Brent crude prices bodes well for oil marketing companies as it lowers their input costs, giving them more headroom to keep competitive prices, which eventually aids their margins.
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages GL Investors with Substantial Losses to Contact Firm’s Attorneys Investigating Possible Securities Law...
BPCL's board of directors had approved sale of upto 68,36,948 equity shares held by BPCL ESPS Trust
BPCL Q3 Results: BPCL's quarterly net profit rose by 73.4% YoY to Rs 3,397.30 crore, surpassing the estimated Rs 3,271 crore. Revenue from operations declined 3% YoY to Rs 1.15 lakh crore but exceeded the estimated Rs 1.05 lakh crore. Total expenses dropped to Rs 1.26 lakh crore from Rs 1.32 lakh crore a year ago. Refinery throughput increased to 9.86 million tonnes from 9.39 million tonnes a year ago. Market sales rose marginally to 12.92 million tonnes from 12.81 million tonnes a year ago.
Typically, the reputation that the options market carries centers on risky speculative ventures. While that’s one angle, these derivative trades can also provide income opportunities on otherwise boring stocks like Colgate-Palmolive (NYSE:CL). Indeed, the boring and predictable nature of the consumer goods giant makes it an interesting idea for options trading. I am bullish on CL stock because it offers a little something for everyone. CL Stock Can be So Much More Than a Recession-Resistant Play