Page 39 - Ioc News Today

Indian state-owned fuel retailers, including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), are reportedly losing nearly Rs 3 per liter on diesel, with reduced profit margins on petrol due to international oil price fluctuations. Despite a record Rs 69,000 crore profit in the first nine months of the fiscal year, the companies have not revised fuel prices for almost two years, citing market volatility and previous unrecouped...

A total of 2,239,985 shares changed hands on the counter till 10:05AM (IST)

A total of 2,369,472 shares changed hands on the counter till 10:41AM (IST).

Ioc: Indian Oil Corp, the leading refiner in India, anticipates a growth of 4.5% to 5% in its gasoline sales for the financial year ending on March 31, 2025, according to Satish Kumar Vaduguri, the head of marketing at the company.

ONGC, IOC, and other oil PSUs plan to invest Rs 1.2 lakh crore in oil and gas exploration, refineries, petrochemicals, and pipelines in the coming fiscal year. ONGCs capital spending will be Rs 30,800 crore, slightly higher than the previous year. OVL, ONGCs overseas arm, will invest Rs 5,580 crore abroad. IOC will invest Rs 30,910 crore, primarily in refinery expansion. BPCL plans to spend Rs 13,000 crore, while HPCL will invest Rs 12,500 crore.

A total of 684,934 shares changed hands on the counter till 10:05AM (IST).

Positive setup was seen in stocks like Godrej CP, Maruti Suzuki, Canara Bank, PNB, Container Corp., Indigo, Bank Baroda, Dabur, Power Grid, NMDC, Can Fin Homes, IOC, IGL and MCX.

The National Hockey League confirmed Friday it will send players to the 2026 Olympics in Milan, ending the league’s Olympics drought dating back to 2014.

Paytms impact on the UPI setup and the digital app performance is a big blow with short-term repercussions. The manufacturing push, including the PLI scheme, is a major reform that will continue Indias outperformance. The rural theme is gaining momentum with stable interest rates, moderating inflation, and good crop performance. The governments ability to balance economic and political factors is evident. Three stock ideas include Indiabulls Real Estate, which has a good risk-reward potential wi...

A total of 720,144 shares changed hands on the counter till 10:30AM (IST).