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2 mins read

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…

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1 min read

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   


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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 …

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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…

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4 mins read

Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…

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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…

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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 …

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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…

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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…

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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…

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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 …

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3 mins read

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…

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4 mins read

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 …

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4 mins read

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 …

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2 mins read

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…