The earnings of Oil Marketing Companies (OMCs) can recover sharply in FY24, thanks to the positive combined auto fuel margins, coupled with a benign outlook on oil prices.
Every month, the Association of Mutual Funds of India (AMFI) publishes the monthly analysis of key trends in mutual funds.
As per the news, the company will increase public shareholding by 25%.
The company will manufacture, distribute and market Chevron's lubricants in India.
Here are some stocks that may show significant price movement today.
Brent crude futures were up 2 cents to $74.72 a barrel.U.S. West Texas Intermediate crude was trading at $68.33 a barrel, down 2 cents from the previous session's closing price increase of 1.1%.
Spot gold was up 0.1% at $1,920.19 per ounce. To $1,925.50, U.S. gold futures increased by 0.1%.
Bhattacharya has over 30 years of experience in the industry and consultancy, with an emphasis on the industrial sector, having started as a graduate engineer trainee with Eicher Group.
If shareholders approve, he will succeed as CEO and managing director in the upcoming fiscal year. His succession's start date will be announced in due course, according to TCS.

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