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OMCs are under pressure: Diesel margins shrink by Rs 1/liter
Oct 09: The government has reduced the excise duty on diesel and gasoline by Rs 2/liter.
8However, any structural expansion in margins is certainly ruled out under the current environment.
8For oil marketing companies, the immediate outlook is gloomy
8Diesel margins have contracted by around Rs 1/liter over the past fortnight, which needs to reverse in the near term for the restoration of normalcy, claims an analysis.
8Are the stocks of Indian oil marketing companies now overvalued?
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