In today’s briefing:
- #115 India Insight: HPCL-Tata Launch ‘Genuine DEF, India’s Exports Rise, Oyo Rushes IPO Amid Debt
- AUCTUS ON FRIDAY – 07/03/2025

#115 India Insight: HPCL-Tata Launch ‘Genuine DEF, India’s Exports Rise, Oyo Rushes IPO Amid Debt
- Hindustan Petroleum (HPCL IN) and Tata Motors Ltd (TTMT IN) launch ‘Genuine DEF’ to reduce emissions, improve vehicle performance, and ensure compliance with environmental norms nationwide.
- India’s engineering goods exports to the US grow steadily, driven by strong demand for machinery, auto components, and industrial equipment.
- Oyo accelerates IPO plans as founder Ritesh Agarwal faces a looming debt repayment deadline, pushing for a much-needed stock market debut.
AUCTUS ON FRIDAY – 07/03/2025
- GeoPark (GPRK US)C; Target price of US$17 per share: Four new exploration wells at Confluencia Sur – The FY24 production had been reported previously.
- Gross production in Argentina is approximately 15,000 boe/d and is expected to increase to around 16,000-17,000 boe/d by the end of 2025.
- The acquisition of the Argentinian assets is anticipated to be completed in late 1Q25 or early 2Q25 pending the regulatory approval of the Neuquen province.