Fill these shares, the rally is going to come! US bank predicted

Fill these shares, the rally is going to come! American Bank foretold the last updated: May 15, 2025, 03:01 IST JPMorgan reports increased the shares of IOC, BPCL and HPCL. Diesel and jet fuel demand is expected to increase profits. Oil businesses advise to play bets on shares. Highlights IOC, BPCL and HPCL stock roses. JPMorgan assesses HPCL to ‘overweight’ of ‘neutral’. Diesel and jet fuel demand is expected to increase profits. New -delhi. Shares of domestic oil companies saw another surge on May 14. This boom was seen by the international brokerage firm JPMorgan following an estimate of the earnings of FY 2025–26 of these businesses. According to the report, if the current situation continues, Indian Oil (IOC), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) can leave their ebitda (profit before earning) in the first six months of FY26 in the first six months of FY26. This report showed a direct impact on the market. IOC shares rose 1.28% to £ 142.97, while BPCL and HPCL shares climbed 2% to close £ 313.25 and £ 397 respectively. JPMorgan increased the rating of ‘neutral’ to ‘overweight’ and increased its target price from £ 424 to £ 463. Similarly, the target of BPCL increased from £ 417 to £ 481 and IOC £ 182 to £ 199. According to the broker, the results of Q1 can affect the inventory (loss of existing stock) diesel and jet fuel will completely balance this effect. The ebitda is expected to have a quarter-by-quarter EBITDA for HPCL and BPCL. There are two main reasons behind this growth – one, there is internationally a demand for refined products, especially in diesel and aviation turbine fuel. Second, the dismissal of fuel prices in India, which has given these companies the freedom to set prices. This makes them better margin and stable profits. Now the market is visible in the quarters of the market, where further increase in profits of these businesses is expected, especially if international prices and domestic policy remain favorable. (Disclaimer: The shares mentioned here are only aimed at providing information. If you want to invest money in one of these things, consult the first certified investment advisor. News18 is not responsible for any kind of profit or loss. Since 2022, News18Hindi has been working as a senior sub -editor and is part of the business. News18Hindi as a senior sub -editor and is part of the business team.