{"id":325191,"date":"2026-10-23T12:48:48","date_gmt":"2026-10-23T07:18:48","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=325191"},"modified":"2026-10-23T12:48:48","modified_gmt":"2026-10-23T07:18:48","slug":"omc-stocks-slump-bpcl-hpcl-iocl-fall-as-brent-hits-114-dollars-what-should-investors-do","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/omc-stocks-slump-bpcl-hpcl-iocl-fall-as-brent-hits-114-dollars-what-should-investors-do\/","title":{"rendered":"OMC Stocks Slump as Brent Hits $114: BPCL, HPCL, IOCL Fall, What Should Investors Do?"},"content":{"rendered":"

OMC stocks fell for the second day on 23 Oct 2026 as Brent crude rose to $114.70, its highest since 4 May. At about 12:25 PM BPCL traded at Rs 278.15 (down 3.07%), HPCL at Rs 330.25 (down 3.10%) and IOCL at Rs 126.57 (down 3.37%). The headline put the fall at up to 2%, but it had deepened beyond 3% by midday.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

OMC stocks are falling because Brent crude is near $114 after reports of Houthi attacks on Saudi Arabian targets, and oil marketing companies buy crude at global prices while selling fuel at prices that adjust slowly. By midday on 23 Oct, BPCL, HPCL and IOCL were each down more than 3%. BPCL reports Q2 results today, and HPCL reported a profit of Rs 3,482.62 crore on 22 Oct after a loss of Rs 11,526.41 crore in Q1. For investors the issue is margin risk and not the dividend yield, which is above 6% on trailing figures.<\/p>\n<\/p><\/div>\n

OMC stocks follow a simple rule: when crude rises fast, they usually fall. The headline says that Brent has now gained for a third week, which I have not independently verified, and that attacks on Saudi Arabia have raised fear of a supply disruption.<\/p>\n

This article on OMC stocks covers the prices, the oil move, how crude affects these companies, the latest results, valuation and dividend yield, and a view for different investors. It is educational and not a recommendation to buy or sell.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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