HPCL's stock reaches a three-day high and hits 52-week high on Friday amid speculations that oil marketing companies will increase oil prices after the 2024 General Elections. Despite slipping by 1.63%, HPCL's stock continues to remain high, resulting in a potential price hike in the future. Analysts predict that OMCs may achieve good marketing margins in FY25 if the government continues to not cut oil prices and with the recent disturbances in sea supplies due to tension in Yemen's Red Sea region.