ONGC, Oil India surge as OMCs face ₹2L cr under-recovery
ONGC, Oil India surge as OMCs face ₹2L cr under-recovery. Crude oil prices remain elevated, boosting upstream companies like ONGC and OILINDIA. Downstream OMCs face ₹2 lakh crore in under-recoveries due to restrained fuel pricing. This divergence fuels investor preference for producers over marketers.
📊 STOCKS: ONGC, OILINDIA | 🏢 SECTOR: Energy | #HIGHIMPACT #Energy
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