Fundamental Analysis of Indian Petroleum PSU's and Influencing Factors on Petroleum Prices-Forecasting the Near Future of Petroleum PSU stocks

The study of “Fundamental analysis of Indian Petroleum PSU's-Forecasting the Near Future”is intended to analyzee present performance of petroleum PSU'sand predict the next 4 years future. This study used the secondary published data of oil companies, IMF reports and stock market participants. The article has made an attempt to identify the inflencing factors on international crude oil prices and its effect on Indian petroleum PSU's financial performance. This fundamental analysis involvesanalysis of economic indicators, industry analysis, financial ratios of the selected PSU's. These studies are helpful forinvestment decisions. This research observed that crude oil prices are directly corelated with the world GDP, OPEC decisions and stability in the gulf region. Substitue petroleum products has started to make certain impact but it is limited at this moment. If the prices of crude oil increases then petroleum exploration companies such as ONGC, OIL makes profit else petroleum refining and distribution companies such as BPCL, HPCL, and IOCL makesprofit and this profit will be dependent on government subsidy decisions.