HPCL, BPCL, IOCL: Here’s why Morgan Stanley thinks OMC stocks can flare up Business Standard
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Category: Hindustan Petroleum
PSU dividend stocks this week: NTPC, HPCL, GAIL, CONCOR, RITES Ltd and BEL – check amount and other details
Reinvesting dividends can compound returns, enhancing long-term portfolio performance.Here is the list of PSU dividend stocks for this week, including dividend amounts, record dates, payment dates and other details.(Image: istock/ET Now News) Subscribe for latest updates Unsubscribe for latest updates PSU dividend stocks this week: Dividend stocks offer a consistent income stream, signaling financial stability and commitment to shareholders. Reinvesting dividends can compound returns,…
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IOC, BPCL, HPCL post `69,000 crore net profit in April-Dec
New Delhi: State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd reported bumper profit totalling over Rs 69,000 crore in the first nine months of the current fiscal which far exceeded their annual earning in pre-oil crisis years. The combined net profit of IOC, BPCL and HPCL in April-December FY24 was better than their annual earning of Rs 39,356 crore in pre-oil crisis year, regulatory filings by them showed. The…
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IOC, BPCL, HPCL post ₹69,000 crore net profit in April-December, higher than pre-oil crisis annual earnings
State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) reported bumper profit totalling more than ₹69,000 crore in the first nine months of the current fiscal which far exceeded their annual earning in pre-oil crisis years.The combined net profit of IOC, BPCL and HPCL in April-December FY24 was better than their annual earning of ₹39,356 crore in pre-oil crisis year, regulatory filings by…
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IOC, BPCL, HPCL post Rs 69k cr net profit in Apr-Dec, higher than pre-oil crisis annual earnings
State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd reported bumper profit totalling over Rs 69,000 crore in the first nine months of the current fiscal which far exceeded their annual earning in pre-oil crisis years. The combined net profit of IOC, BPCL and HPCL in April-December FY24 was better than their annual earning of Rs 39,356 crore in pre-oil crisis year, regulatory filings by them showed. The retailers have…
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HPCL, BPCL, IOC shares extend gains after best week in multiple years
Shares of Indian Oil Corporation are up 7% on Monday and have gained in seven out of the last eight trading sessions. On similar lines, shares of its peers, HPCL and BPCL are also trading with gains of over 4% each at the start of the week.After gaining 16% in January, shares of HPCL are up another 8% this month, while those of BPCL are up 14% this month already, after gaining 11.5% this month. IOC has turned out to be the outperformer, with shares rising 17% in the first few days of…
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Dividend Stocks: ITC, Sun Pharma, NTPC, HPCL, among others to trade ex-dividend next week; check full list
Dividend Stocks: Shares of several companies, including ITC, Hindustan Petroleum Corporation Ltd (HPCL), Gillette India, NTPC, and many others will others will trade ex-dividend in the coming week, starting from Monday, February 5. Some other companies will also trade ex-bonus and ex-split while some have announced a buy back of shares next week.
Ultraviolette, HPCL to join hands for EV charging network, ET Auto
ETAuto learns that the EV charging networks will be set up on state and national highways, starting with the Southern region.New Delhi: With an aim to provide a fillip to electric vehicle (EV) transition for two wheelers, Hindustan Petroleum Corporation Limited (HPCL) will tie-up with electric bike maker Ultraviolette Automotive to set up charging networks on highways. At the ongoing 3-day Bharat Mobility Show, HPCL and the Bangalore-based EV maker…
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Bulls tighten grip over OMCs after ₹15,000 crore capex infusion; IOC, BPCL, HPCL hit 6-9% upper circuit
The capital infusion by the government comes in support of investments in energy transition projects by the OMCs. The rally picked up by OMC stocks also comes after the Organistation of Petroleum Exporting Countries and its allies (OPEC+) on Thursday signaled it will stick with oil production cutbacks this quarter, as the group seeks to avert a surplus amid a weak global demand.
OMC Stocks TodayShares of Indian Oil Corporation (IOC) were locked at over…
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Bulls tighten grip over OMCs after ₹15,000 crore capex infusion; IOC, BPCL, HPCL hit 6-9% upper circuit
Bulls tightened their grip over Indian oil marketing companies (OMCs) on Friday, February 2, after finance minister Nirmala Sitharaman deferred the ₹15,000 crore infusion in state-owned fuel retailers to the next financial year, while presenting the Interim Budget 2024 on Thursday (February 1).
The…
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