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The Marcus Co. (NYSE:MCS – Get Free Report) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 4,140,000 shares, an increase of 6.4% from the January 15th total of 3,890,000 shares. Approximately 17.7% of the company’s shares are short sold. Based on an average daily volume […] ....
BPCL’s reported GRM was above Kotak's estimate, while its implied marketing margin was below its estimate. HPCL's Q3 missed Kotak's Ebitda estimate due to a lower-than-expected marketing margin.
A steep run-up in OMC shares meant a reversal was on the cards. Now that cracks have emerged, what should a trader do to capitalise on the situation? ....
According to Puri, steps taken by the government, including “diversification of sources of (oil) imports”, ensured that the retail prices of petrol and diesel in India actually declined at a time when global oil and fuel prices were surging ....