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With the recent upward journey, Hero MotoCorp went closer to its high of February 2021 (Rs 3,629). The stock formed strong bullish candlestick pattern with minute upper shadow on the daily scale with healthy volumes.
BPCL, HPCL, Indian Oil, ONGC, GAIL, Indian Railway Finance Corp, Garden Reach Shipbuilders & Engineers and Ircon International, among others, received notices from BSE and NSE separately, asking them to pay up a fine of ₹5,42,800 each to both the bourses.
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.
The response to customer requests by customers is centralised, with the actual resolution requiring coordination with thousands of field officers and offices.
The companies that saw profits grow faster than sales were REC, Power Finance Corporation, Coal India, NTPC, Bharat Electronics, IRCTC, Container Corporation of India, Gail India, and Oil and Natural Gas Corporation.
"The conflict, even if in a stalemate at present, remains centre stage for crude and the war premium continues to rise and fall on the back of emerging headlines," HPCL chairman and managing director Pushp Kumar Joshi told ET.
Bharat Petroleum Corporation Limited (BPCL) is set to embark on an extensive expansion of its fuel retail network, aiming to add 14,273 new pumps. This substantial increase, representing nearly two-thirds growth, is part of BPCL's strategic efforts to bolster its presence in the rapidly expanding domestic fuel market.
Poonawalla Fincorp continued its healthy uptrend for yet another session, and formed robust bullish candlestick pattern on the daily charts, with strong volumes, after breaking out falling resistance trendline.