State-owned oil marketing companies hiked petrol prices in Delhi by 25 paise to 86.30 per litre from Rs 86.05 per litre while diesel prices too were hiked by 25 paise to Rs 76.48 per litre from Rs 76.23 per litre. In Mumbai, diesel prices were hiked to Rs 92.86 per litre, thus witnessing new record high and petrol prices stood at Rs 83.30 per litre
Synopsis
Petrol and diesel prices were raised by 25 paise per litre each across the country on Wednesday, according to a price notification from oil marketing companies.
NEW DELHI: Branded or premium petrol price crossed Rs 100-mark in Sriganganagar town of Rajasthan as petrol and diesel prices were hiked on Wednesday for the second consecutive day. Petrol and diesel prices were raised by 25 paise per litre each across the country on Wednesday, according to a price notification from oil marketing companies. This took petrol price in Delhi to Rs 86.30 per litre and to Rs 92.86 in Mumbai. Diesel rate climbed to Rs 76.23 a litre in the national capital and to Rs 83.03 per litre in Mumbai, the price data showed.
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Indian Oil Corporation Ltd is quoting at Rs 91.4, down 2.19% on the day as on 13:19 IST on the NSE. The stock tumbled 22.48% in last one year as compared to a 16.73% rally in NIFTY and a 7.98% spurt in the Nifty Energy index.
Indian Oil Corporation Ltd dropped for a fifth straight session today. The stock is quoting at Rs 91.4, down 2.19% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.17% on the day, quoting at 14072.2. The Sensex is at 47747.55, down 1.24%.Indian Oil Corporation Ltd has lost around 0.33% in last one month.Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has eased around 2.45% in last one month and is currently quoting at 16772.3, down 1.09% on the day. The volume in the stock stood at 211.83 lakh shares today, compared to the daily average of 225.71 lakh shares in last one month.