Probal Sen, Senior Research Analyst covering the Indian Oil & Gas Sector, Indian Agrichem Sector, Institutional Equities at ICICI Securities, expects lower crude oil prices, easing liquefied petroleum gas (LPG) losses and improving LNG supplies to significantly boost profitability across the oil and gas sector. He also believes the market has yet to fully price in these benefits. However, Sen cautions that delayed monsoons remain a key risk for agrochemical and other agri-input companies.
