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.
