OMC Stocks in Focus: LPG compensation confirmed; HPCL, BPCL, IOCL may gain on payout clarity
Shares of India’s top oil marketing companies (OMCs) — Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOCL) — are likely to be in focus this week after Petroleum Minister Hardeep Singh Puri assured the industry of a full and final payout of LPG subsidy compensation from the Finance Ministry. The…