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EQUITY - MARKET SCREENER

Bharat Gears Ltd
Industry :  Auto Ancillaries
BSE Code
ISIN Demat
Book Value()
505688
INE561C01019
85.4370319
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
BHARATGEAR
10.73
160.92
EPS(TTM)
Face Value()
Div & Yield %
9.77
10
0.95
 

PSU OMC shares skid as crude oil rallies
Sep 11,2026
Hindustan Petroleum fell 2.43%, while Bharat Petroleum declined 1.80% and Indian Oil Corporation dropped 0.81%.

In the commodities market, Brent crude for November 2026 delivery surged amid escalating geopolitical tensions in West Asia, pushing prices above the $107-per-barrel mark.

The rise in crude prices also weighed on broader market sentiment, with the Nifty 50 trading 0.79% lower at 23,292.80.

Higher crude prices can pressure PSU oil retailers as domestic LPG and kerosene are sold at regulated prices. A sharp rise in global oil prices can increase under-recoveries on such sales, potentially weighing on profitability.