{"id":38718,"date":"2025-04-08T15:58:06","date_gmt":"2025-04-08T10:28:06","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=38718"},"modified":"2025-04-08T15:58:06","modified_gmt":"2025-04-08T10:28:06","slug":"omc-gain-3-percent-excise-duty-update","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/omc-gain-3-percent-excise-duty-update\/","title":{"rendered":"OMC Stocks Surged Up to 3% as LPG Prices Hiked and Excise Duty Raised By \u20b92\/Litre"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/blogs\/stocks-to-watch-today-8th-april-2025\"><strong><em>Stocks to Watch Today<\/em><\/strong><\/a><strong><em>, OMC News<\/em><\/strong>: Oil Marketing Companies (OMC) stocks rebounded in today\u2019s session. These stocks include BPCL, HPCL, and IOCL, which rose by up to 3% on the Bombay Stock Exchange (BSE). The rebound of OMC stocks followed the announcement of two government policies: an LPG price hike and an increase in excise duty on petrol and diesel.&nbsp;<\/p><p>This strategic move of the government aims to balance fiscal requirements when relaxing OMCs against international oil price volatility. However, the policies bring both upsides and challenges for state-owned refiners.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/omc-gain-3-percent-excise-duty-update\/#LPG_Price_Hiked_By_%E2%82%B950Cylinder\" title=\"LPG Price Hiked By \u20b950\/Cylinder\">LPG Price Hiked By \u20b950\/Cylinder<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/omc-gain-3-percent-excise-duty-update\/#Petrol_Diesel_Excise_Duty_Hiked_By_%E2%82%B92Litre\" title=\"Petrol &amp; Diesel Excise Duty Hiked By \u20b92\/Litre\">Petrol &amp; Diesel Excise Duty Hiked By \u20b92\/Litre<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/omc-gain-3-percent-excise-duty-update\/#Outlook_of_Brokerages\" title=\"Outlook of Brokerages&nbsp;\">Outlook of Brokerages&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/omc-gain-3-percent-excise-duty-update\/#What_Experts_Say\" title=\"What Experts Say?\">What Experts Say?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/omc-gain-3-percent-excise-duty-update\/#Key_Highlights\" title=\"Key Highlights\">Key Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/omc-gain-3-percent-excise-duty-update\/#Explore_Other_News_Articles\" title=\"Explore Other News Articles\">Explore Other News Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"LPG_Price_Hiked_By_%E2%82%B950Cylinder\"><\/span><strong>LPG Price Hiked By \u20b950\/Cylinder<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>As per the recent updates, the price of a 14.20 KG LPG cylinder has increased by \u20b950 (from \u20b9803 to \u20b9853 per cylinder). For beneficiaries of PMUY (Pradhan Mantri Ujjwala Yojana), the cost of one LPG cylinder is now \u20b9653.<\/p><p>Revised prices are expected to reduce the under-recovery on LPG cylinders from \u20b9189 to \u20b9144. The policies may offer financial relief to OMCs, specifically when global energy dynamics are unassumable.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Petrol_Diesel_Excise_Duty_Hiked_By_%E2%82%B92Litre\"><\/span><strong>Petrol &amp; Diesel Excise Duty Hiked By \u20b92\/Litre<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The revision of the LPG price comes with a raised excise duty on petrol and diesel by \u20b92\/litre. The oil minister claimed this additional burden would not be passed on to customers. Instead, OMCs will have to manage the extra cost burden. It would help the government maintain the stability of prices for end-users of petrol and diesel.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Outlook_of_Brokerages\"><\/span><strong>Outlook of Brokerages&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.hsbc.co.in\/\" rel=\"nofollow noopener\" target=\"_blank\">HSBC<\/a> Global Research estimates a tangible impact on OMC\u2019s profitability. According to them, an excise duty hike may shave off \u20b931,200 cr, which would result in EPS reduction for IOC, BPCL, and HPCL.\u00a0<\/li>\n\n<li>Motilal Oswal Financial Services assumed a conservative \u20b93.3\/litre marketing margin for petrol and diesel. Whereas current realisations are above \u20b910\/litre, leaving room for managing the hike without major EPS downgrades.<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Experts_Say\"><\/span><strong>What Experts Say?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Hike in LPG price and excise duty would bring high volatility. Experts believe that the government aims to create a fiscal headroom during uncertain times. They also caution that OMCs are unable to pass on future costs resulting from a rise in crude oil prices, INR depreciation, and global supply chain disruptions.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Highlights\"><\/span><strong>Key Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><ul class=\"wp-block-list\"><li>OMC stocks gained up to 3%, reflecting short-term relief and confidence.<\/li>\n\n<li>This bounce back sustains will depend on how OMCs navigate tightening margins and earnings resilience.<\/li>\n\n<li>LPG price hikes and a rise in excise duty may help balance the fiscal needs.\u00a0<\/li><\/ul><p><strong>For live stock updates, dividend alerts, and expert verdicts, stay informed with Univest!<\/strong><\/p><p><strong><em>Disclaimer<\/em><\/strong><em>: Univest provides news articles on the stock market today for informational purposes only. You are advised not to construe them as investment advice. You must conduct your own research on the best stocks to watch today to invest safely. Also, you can try Univest Pro and Demat accounts for seamless investment and trading experiences.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explore_Other_News_Articles\"><\/span><strong>Explore Other News Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/irfc-share-price-up-interim-dividend\">IRFC Share Price Surged 2.57% Amid Dividend Buzz: Check Future Trends Here<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/ireda-q4-results-stock-move\">IREDA Share Price Jumps 3.65% Attributed to Q4 Results: Will the Momentum Sustain?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/stocks-to-watch-today-8th-april-2025\">Stocks to Watch Today: 8th April 2025: BEL, SOBHA, TITAGARH, HDFC, MARUTI &amp; More!<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/trent-stock-plunge-after-q4-results\">Trent Share Price Plunged Over 19% Today After Disappointing Q4 Sales: What Should be the Next Move?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/tata-motors-down-10-percent\"><strong>Tata Motors Tank by a Whopping 10% at Opening<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/delhivery-acquires-ecom-express-1407-cr\"><strong>Delhivery is to Acquire Ecom Express for Worth \u20b91,407 crore | Major Consolidation in India\u2019s Logistic Sector<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/tata-motors-shares-live-update-april-04-2025\"><strong>Tata Motors Down by 5.93% at \u20b9615.15: Here is the Impact of CLSA Downgrade!<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/suzlon-stock-price-4th-april\"><strong>Suzlon Down By 4.47% at \u20b954.91 | Check Latest Order Cancellations and Suzlon Stock Price Momentum Today!<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Stocks to Watch Today, OMC News: Oil Marketing Companies (OMC) stocks rebounded in today\u2019s session. These stocks include BPCL, HPCL, and IOCL, which rose by up to 3% on the Bombay Stock Exchange (BSE). The rebound of OMC stocks followed the announcement of two government policies: an LPG price hike and an increase in excise<\/p>\n","protected":false},"author":23,"featured_media":38719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[1231],"class_list":["post-38718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-omc-stocks"],"metadata":{"_edit_lock":["1744108087:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_seo_score":["15"],"_thumbnail_id":["38719"],"rank_math_primary_category":["842"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider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Stocks Gain 3% After LPG Price Hike & Excise Duty Update"],"rank_math_description":["OMC stocks, including BPCL, HPCL, and IOCL shares, surged up to 3% as the government announced LPG price hikes and increased excise duty. 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