Stocks to buy, May 9 -- All three oil market companies - Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) - are in the limelight amid weakness in crude oil prices and quarterly earnings for the fourth quarter of the financial year 2024-25 (Q4 FY25).

The question remains which PSU oil stock looks best poised for gains against this backdrop.

IOC's Q4 net profit rose 50% year-on-year (YoY) growth in standalone net profit to Rs.7,264.85 crore, due to inventory gains, as the company processed crude oil bought at lower prices and sold products made from it when prices had risen.

Revenue from operations, however, fell 1% to Rs.2.17 lakh crore in Q4. IOC's gross refining margins (GRM)...