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OMC Stocks Hit 52-Week Low On Crude Oil And Rupee Woes
Shares of three state-run oil marketing companies (OMCs) including HPCL, BPCL and IOCL hit their 52-week low prices in intra-day trade on Wednesday. All of these listed PSU OMCs have dropped in intra-trade by 3-4% on the BSE. HPCL ...
Omc Stocks Hit 52 Week Low On Crude Oil Rupee Woes
Oil Marketing Companies Share Spurt On Iran Deal
Shares in oil marketing companies rallied sharply on hopes that a Iran nuclear deal would keep crdude prices low for long. Lower crude prices is beneficial for oil marketing companies like Bharat Petroleum Corporation, Hindustan Petroleum and Indian Oil Corporation. ...
SpiceJet dips nearly 3% on hike in aviation turbine fuel
Shares of low cost carrier SpiceJet fell nearly 3 per cent in early trade on Bombay Stock Exchange (BSE) after oil marketing companies on Wednesday increased the price of aviation turbine fuel (ATF) by 2.7 per cent, the second consecutive hike ...
Spicejet Dips Hike Aviation Turbine Fuel
Rupee up 28 paise against dollar in early trade
Mumbai, Nov 14 (PTI) The rupee today strengthened by 28 paise to trade at 63.02 against the dollar in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by exporters and banks amid a higher ...
Rupee slide to impact IOC, BPCL most: Fitch
New Delhi: Global rating agency Fitch said the rupee depreciation will have highest impact on state- owned oil marketing companies, including IOC and BPCL. "The risks to standalone financial profiles are highest for state-controlled petroleum marketing companies among the Indian ...
OMC stocks flare-up on freedom to price diesel
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 ...
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