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Mahanagar Gas, HPCL Among Dolat Capital's Top Stock Picks In Oil And Gas Sector; Q1 Results Preview

Oil And Gas Q1 Results Preview: Dolat Capital projects bumper earnings growth backed by oil marketing companies.

<div class="paragraphs"><p>CGDs to post jump in Ebitda/PAT by 13%/11% QoQ mainly due to sharp decline in gas cost and partial CNG price hike. (Photo Source: Unsplash)</p></div>
CGDs to post jump in Ebitda/PAT by 13%/11% QoQ mainly due to sharp decline in gas cost and partial CNG price hike. (Photo Source: Unsplash)
HPCL/BPCL/IOCL to report Ebitda of Rs 93 billion / Rs 108 bn, Rs 172 bn respectively, primarily driven by super normal GMM on petrol/diesel @ an average of Rs 13/lt vs Rs 8/lt in Q4; a 37% QoQ decline in LPG under-recovery due to falling LPG prices and a Rs 50/cyl. cut in Apr’25, Govt. increased Rs 2/lt excise duty on petrol and diesel in Apr'25 to compensate the domestic LPG under-recovery; if in case compensation is provided, then...
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