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Here’s why Hindustan Petroleum shares rallied over 7% today
The shares of Hindustan Petroleum (HPCL) gained over 7% after the oil refining and the marketing gi…
HPCL net trebles on inventory gains
A company records inventory gain when it buys raw material (crude oil) at a particular price but by…
PTI
Top stocks to watch — PVR, Inox Leisure, SBI Cards, HPCL, Pidilite Industries, Adani Power, Berger Paints, and others
Even amid positive cues from the global markets, the Indian equities are likely to open in the red …
Fitch says HPCL refining margins to fall in current fiscal
New Delhi, Jan 6 () Fitch Ratings on Monday said it expects Hindustan Petroleum Corp Ltd's (HPCL) r…
PTI
BPCL Q3 net profit jumps 82% on higher refining, market margins
State-owned Bharat Petroleum Corporation Ltd (BPCL) on Monday reported an 82% jump in its December …
PTI
Q2 earnings, global trends, trading activity of foreign investors to drive market movement: Analysts
The ongoing quarterly earnings report card of corporates, global trends and trading activity of for…
PTI
IndianOil posts multifold growth in Q1, net profit at ₹14,735 crore beats estimates
India’s largest oil marketing company Indian Oil posted a multifold rise in consolidated net profit…
Plunging fuel demand has OMCs worried on all fronts
From the demand side, he said even though all the filling stations are open there is hardly any de…
PTI
Fitch Ratings says higher risks to Indian oil marketing firms' standalone profiles
"We expect the net leverage of the three companies to weaken over the financial year ended March 2…
PTI
HMEL's credit metrics to worsen due to weak refining margins: Fitch Ratings
HMEL expects to start commercial operations of its petchem project by April 2021, a year ahead of …
PTI
Revenue constrained government may push oil PSUs short on FY21 capex to pay higher dividend
Oil sector public sector undertakings (PSUs) may have to bear a larger share of additional dividend…
India to gain ₹1.6 lakh crore this fiscal from record excise duty hike on petrol, diesel
This is the second hike in excise duty in less than two months and will help government garner …
PTI
Central govt to get Rs 1.6 lakh cr from record excise duty hike on petrol, diesel
Commenting on the excise duty hike, Vikas Halan, Senior Vice President, Corporate Finance, Moody's …
PTI
Top 5 Stock Market action to look out for today
The Nifty is likely to remain under selling pressure on Wednesday as weak cues from across the glob…