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OMC stocks in focus after Hardeep Puri confirms LPG compensation payout

OMC stocks in focus after Hardeep Puri confirms LPG compensation payout

Shares of BPCL, HPCL, and IOC may stay in focus after Oil Minister Hardeep Singh Puri said the government will compensate OMCs for under-recoveries on subsidised LPG sales. OMCs faced losses exceeding Rs 40,000 crore in FY24 amid stable domestic LPG prices de…

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