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Bloomberg Quint

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Image Credit: Bloomberg Quint

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

  • Dolat Capital has identified Mahanagar Gas and HPCL as top stock picks in the oil and gas sector, projecting bumper earnings growth.
  • Q1 results preview suggests CGDs could see a significant increase in Ebitda/PAT due to a sharp decline in gas cost and partial CNG price hikes.
  • HPCL/BPCL/IOCL are expected to report strong Ebitda numbers, driven by high GMM on petrol/diesel, LPG price declines, and government actions like excise duty hikes.
  • The article provides in-depth analysis of the Q1 projections and factors impacting the oil and gas sector's financial performance.

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