Fuel Price Hike But Oil Stocks Crash : Why ₹3 Rise Is Not Enough | Upstox

📌 HPCL and BPCL fell 3% despite a ₹3 fuel price hike, as crude remains above $100 and oil marketing companies are still estimated to be losing around ₹500 crore per day. Analysts say under recovery stands at ₹17 to ₹18 per litre, meaning the hike covers only a small part of the cost pressure. With crude elevated due to West Asia tensions, markets expect continued pressure on OMC margins. Join the Upstox Community: Telegram: https://uptx.to/Telegram-Oct-Community Instagram: https://uptx.to/Instagram-Oct LinkedIn: https://uptx.to/LinkedIn-Oct Twitter: https://uptx.to/Twitter-Oct Also on YouTube: Upstox Global: https://www.youtube.com/@UpstoxGlobal Uplearn by Upstox — India's economy and companies, decoded every week: https://www.youtube.com/@UplearnbyUpstox Upstox is India's most trusted investment platform — backed by Ratan Tata and Tiger Global, and chosen by 1 crore+ Indians to grow their wealth. On this channel, we cover everything you need to invest and trade with confidence — market updates, stock analysis, IPO breakdowns, and more. Stocks. ETFs. Mutual Funds. IPOs. F&O. Currencies. Commodities. All on one platform. Start investing today — open your free Demat account in minutes: https://uptx.to/open-demat-account Download the Upstox App — India's highest rated trading app: iOS: https://apps.apple.com/in/app/upstox-new-stocks-ipo-mf/id1584953620 Android: https://play.google.com/store/apps/details?id=in.upstox.app&hl=en_IN&gl=US #hpcl #bpcl #hpclstock #bpclstock #petrolprice #dieselprice #fuelhike #omcindia #crudeoil #underrecovery #indianstockmarket #stockmarketindia #oilmarketingcompany #stockmarkethindi #midmarkets