[ad_1]
Synopsis
On the day of Budget 2025, some energy stocks, particularly oil and marketing companies, witnessed a decline. The reason was an indication of lower LPG subsidy in the budget. Which, according to the street, meant a greater burden on these companies. Now, this can very well happen. But does it change the long-term structural story which is underway in the energy sector? The answer is no.Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks, along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
The structural transformation in the auto sector is much talked about and given credit by the street. Another sector that has been undergoing a structural transformation, though quietly, is the energy sector. Few have noticed this, but the large companies in the energy space – whether in oil marketing, refining, or any other – have been forming joint ventures or floating subsidiaries to get into New Energy areas. This transition is much bigger
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal Ads
Comment & Engage with ET Prime community 
Exclusive invites to Virtual Events with Industry Leaders 
A trusted team of Journalists & Analysts who can best filter signal from noise 
Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-
[ad_2]
Source link
Better health