{ }
001122334455554433221100
001122334455554433221100

investing in energy opportunities fund amid sector risks and growth potential

Baroda BNP Paribas Energy Opportunities Fund, open for subscription from January 21 to February 4, aims to capitalize on India's growing energy demand by investing 80% of its assets in energy-related companies. While the fund targets long-term growth, experts advise caution due to sector-specific risks and the lack of historical performance data. A diversified portfolio with limited exposure to thematic funds is recommended to mitigate risk.

NSE adds 45 new stocks to futures and options trading segment

The National Stock Exchange (NSE) has expanded its futures and options (F&O) segment by adding 45 new stocks, effective November 29, 2024, increasing the total to 223. This inclusion, following SEBI’s revised criteria, aims to enhance liquidity and market participation, featuring notable stocks like LIC, Jio Financial Services, and Zomato. Analysts anticipate that this move will boost trading volumes and improve price discovery for these stocks.

Oil India reports 464 percent profit surge driving stock up 6 percent

Oil India shares surged 6% on November 6 after reporting a staggering 464% year-on-year increase in net profit, reaching Rs 2,069 crore, despite an 8% decline in revenue to Rs 8,136 crore. Over the past year, the stock has soared 153%, significantly outperforming the Nifty's 23% rise. Sequentially, net profit rose 25% from the previous quarter, while revenue dipped slightly by 1.6%.

Oil India reports significant profit increase and declares dividend in Q2 results

Oil India Limited reported a significant increase in consolidated net profit for Q2 FY2024-25, rising to Rs 2,069 crore from Rs 640 crore year-on-year, while remaining flat sequentially from Rs 2,016 crore in the previous quarter. However, revenue from operations fell nearly eight percent to Rs 8,136 crore compared to Rs 8,816 crore last year. EBITDA surged to Rs 3,038.82 crore, up from Rs 835.02 crore in the same quarter last year.

BPCL and Oil India form joint venture for city gas distribution project

Bharat Petroleum Corporation (BPCL) is set to enter a joint venture with Oil India to develop a city gas distribution project in Arunachal Pradesh. The BPCL board approved the agreement during a meeting on October 25, 2024, pending necessary approvals.
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.