OMC stocks flare-up on freedom to price diesel

Posted By:

Shares in Oil Marketing Companies, ONGC and Oil India flared, following reports of de-regulation of diesel prices.

Oil Minister, Veerappa Moily today said that oil marketing companies were free to make periodic changes to diesel prices.

HPCL rallied 5.32 per cent, Indian Oil jumped 3.38 per cent, ONGC rallied 4 per cent and BPCL gained 3.22 per cent.

Read more about: omcs
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?