Bharat Petroleum Corporation Ltd is quoting at Rs 431.4, up 1.55% on the day as on 12:49 IST on the NSE. The stock is up 30.91% in last one year as compared to a 59.71% spurt in NIFTY and a 41.19% spurt in the Nifty Energy index.
Bharat Petroleum Corporation Ltd is up for a third straight session in a row. The stock is quoting at Rs 431.4, up 1.55% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.5% on the day, quoting at 14691.4. The Sensex is at 48933.12, up 0.53%. Bharat Petroleum Corporation Ltd has risen around 0.75% in last one month.
Meanwhile, Nifty Energy index of which Bharat Petroleum Corporation Ltd is a constituent, has risen around 1.2% in last one month and is currently quoting at 18058.8, up 0.31% on the day. The volume in the stock stood at 37.84 lakh shares today, compared to the daily average of 79.32 lakh shares in last one month.
IOC, ONGC, GAIL, other oil PSUs commit Rs 100 cr for redevelopment of Badrinath Dham shrine
The holy Badrinath Dham is not only a centre of faith for crores of Hindus across the world it is also a major centre of India s pilgrimage economy with a great potential to facilitate regional economic development, said Oil Minister Dharmendra Pradhan
PTI | May 6, 2021 | Updated 17:20 IST
Oil Minister Dharmendra Pradhan
India s top oil PSUs - IOC, ONGC, GAIL, BPCL and HPCL - on Thursday committed Rs 100 crore for the redevelopment of Badrinath Dham, one of the holiest shrines of Hindus, Oil Minister Dharmendra Pradhan said.
Highlights
Rates depend on the incidence of VAT.
Taxes make up for nearly two-third of the retail selling price.
New Delhi: Petrol and diesel prices were hiked for the second day on Wednesday after a pause of 18 consecutive, as oil marketing companies decided to rise prices.
In the national capital petrol prices were hiked by 19 paise per litre while diesel prices were hiked by 21 paise per litre.
Petrol price on April 15 was cut by 16 paise per litre and diesel by 14 paise the fourth minor reduction in rates in three weeks that followed six months of relentless price increases. Petrol now costs Rs 90.40 per litre in Delhi, down from Rs 90.56, according to a price notification of state-owned fuel retailers. A litre of diesel comes for Rs 80.73 per litre as against Rs 80.87 previously. Petrol prices have gone up by a record Rs 21.58 per litre in the last one year while diesel prices have increased by Rs 19.18 a litre.
Oil and Gas stocks were trading in the positive zone, with the S&P BSE Oil&Gas index rising 212.25 points or 1.42% at 15201.99 at 09:48 IST. Among the components of the S&P BSE Oil&Gas index, Oil & Natural Gas Corpn Ltd (up 2.6%), Gujarat State Petronet Ltd (up 2.11%),Bharat Petroleum Corporation Ltd (up 1.7%),Hindustan Petroleum Corporation Ltd (up 1.53%),Indian Oil Corporation Ltd (up 1.48%), were the top gainers. Among the other gainers were Petronet LNG Ltd (up 1.15%), Indraprastha Gas Ltd (up 1.14%), GAIL (India) Ltd (up 0.94%), and Reliance Industries Ltd (up 0.73%). On the other hand, Castrol India Ltd (down 0.72%), moved lower.
At 09:48 IST, the S&P BSE Sensex was up 203.24 or 0.42% at 48456.75.
Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55. For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.