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CPCL, MRPL Positioned To Leverage Buoyant GRM Environment, Says Yes Securities; Stocks Remains Top Pick

Chennai Petroleum is a pure play refinery, could provide higher returns and dividends, amongst the oil marketing companies the brokerage likes BPCL followed HPCL.

<div class="paragraphs"><p>Chennai Petroleum stands out tactically among Indian refiners due to its slate profile, cost-efficient crude sourcing, and cleaner operating structure. (Photo source: Envato)</p></div>
Chennai Petroleum stands out tactically among Indian refiners due to its slate profile, cost-efficient crude sourcing, and cleaner operating structure. (Photo source: Envato)
Indian refiners continue to sit in a sweet spot as global product cracks, particularly diesel and ATF, remain elevated amid supply dislocations, with ICE gasoil premiums still hovering close to $17/bbl.
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