News for Hindustan Petroleum Corporation Limited (HINDPETRO.BO)

LPG price hike is a "sentimental" positive for OMCs, while the rise in excise duty will impact their margins, say analysts

Hindustan Petroleum Corporation Ltd (HPCL) shares surged the most, rising 4% to a day's high of Rs 367.50 on the BSE, followed by Bharat Petroleum Corporation Ltd (BPCL) shares, which climbed 2.7% to Rs 281.80. Meanwhile, Indian Oil Corporation (IOC) shares increased by 2%, reaching Rs 131.

India Business News: RailTel Corporation's shares jumped 9.6% after securing a Rs 25.15 crore contract from HPCL for MPLS/Internet services over five years. Despite recent

RailTel secures ₹25.15 crore contract from HPCL for MPLS/ILL links services, shares rise by 5.60% on NSE.

RailTel share price: The scrip traded higher than the 5-day, 10-, 20-day and 30-day simple moving averages (SMAs) but lower than the 50-day, 100, 150-day and 200-day SMAs.

RailTel Share Price: The contract is for providing MPLS/ILL (Multi-Protocol Label Switching/Internet Leased Line) services for a duration of 5 years. It is a rate contract for 5 years to renew existing MPLS/ILL links and provide new connections as needed, based on feasibility.

Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Traders said the OMC stocks gained with crude oil prices hovering below $70 per barrel after OPEC-plus decision to increase output from April, a move which is expected to favour Indian refiners with added marketing margins on retail fuel.

Shares of HPCL surged as much as 5.1%, while IGL and GAIL India stocks rallied over 2% as Brent crude prices dropped for the 3rd straight session.

HPCL, in partnership with Tata Motors, has introduced a co-branded diesel exhaust fluid called 'Genuine DEF'. Available across 23,000 HPCL fuel stations and 2,000 Tata Motors outlets, it aims to reduce emissions, enhance vehicle performance, and ensure compliance with environmental norms for modern diesel vehicles.

ET GIRA 2025: The Economic Times Great India Retail Awards 2025 celebrated retail leaders and trailblazers for their contributions to customer engagement, marketing, sustainability, and digital transformation. Samir K. Modi, Noel Naval Tata, and Tarun Joshi received top honors, while Bhaskar Bhat was recognized with the Lifetime Achievement Award.

Plans for refining capacity in Ratnagiri are being restructured into smaller units, with potential collaborations from Saudi Aramco and ADNOC. The Maharashtra government will continue to support electric vehicles, and infrastructure projects like the Nagpur-Mumbai Expressway and rapid rail developments are set to advance.

Jan 24, 2025 / 05:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Hindustan Petroleum Corporation Limited Q3 FY25 results conference call ho

EIL share price: On technical setup, the counter traded lower than the 5-day, 10-, 20-, 30-, 50-, 100-, 150-day and 200-day simple moving averages (SMAs). The stock's 14-day relative strength index (RSI) came at 38.19.

Shares of Delhivery slipped 4% in early trading hours to hit a fresh 52-week low at INR 308.70 apiece on the BSE on Monday.

TCS and Infosys, which are both debt-free, will benefit from the weakening of the rupee because most of their revenue is in US dollars, says Moody’s.

Andhra Pradesh CM N. Chandrababu Naidu announced a Rs1.4 lakh crore investment by ArcelorMittal/Nippon Steel for a 17.8-million-ton integrated steel project in Anakapalli at the WEF in Davos. Ministers Nara Lokesh and T.G. Bharat highlighted the state's investment-friendly ecosystem and proposed additional projects in petrochemicals and solar cell manufacturing, receiving positive responses from Lakshmi Mittal.

HPCL commissions new LNG terminal in Chhara, Gujarat with capacity of 5 MMTPA, trading shares at ₹364.30 on NSE.

To mark the 90th year of its service to the nation, Reserve Bank of India, hosted RBI@90 All India Public Sector Badminton Tournament at Bengaluru from January ...

Axis Securities said that Infosys experienced profit booking and retraced 38 per cent of the Fibonacci move from Rs 509 to Rs 1,954, finding support at the Rs 1,231 level.