Don’t miss the latest developments in business and finance.

Hindustan Petroleum Corporation

Sensex ends 390 pts higher driven by HDFC twins, metals, Nifty above 18,150

Closing Bell: Within sectors, the Nifty metal index closed with most strength, up 1.5 per cent, followed by financials and pharma pockets, while PSB index slumped the most by over 1 per cent

Updated On: 18 Jan 2023 | 3:36 PM IST

India's crude import basket at 10-month low but pump prices to remain high

Fear of worsening economic slowdown in China has dealt the latest blow to global crude oil, with daily prices falling to their lowest since January 4, 2022

Updated On: 28 Nov 2022 | 11:51 PM IST

Higher crude realisations have analysts upbeat on ONGC, Oil India

ONGC reported standalone earnings before interest, taxes, depreciation, and amortisation (EBITDA) of Rs 18,810 crore

Updated On: 17 Nov 2022 | 11:38 PM IST

HPCL slips 4%, nears 52-week low on net loss in September quarter

The state-owned oil marketing company reported the second straight quarterly loss despite revenue rising 30 per cent to Rs 1.13 trillion.

Updated On: 04 Nov 2022 | 10:21 AM IST

Hindustan Petroleum posts consolidated net loss of Rs 2,172 crore in Q2

The company blamed depressed marketing margins on motor fuels and LPG as the main reason for its profitability being impacted over the latest quarter

Updated On: 03 Nov 2022 | 10:27 PM IST

NITI wants infra projects lagging for decades completed by FY23-end

Shortlists 494 projects, including 279 roads and highways worth Rs 1.92 trillion, petroleum projects worth Rs 1.11 trillion, almost a trillion rupees worth of railway projects

Updated On: 01 Nov 2022 | 11:02 PM IST

New pricing model aiming to prune jet fuel cost by 15% likely in two months

OMCs to shift to single uniform system instead of the prevailing dual pricing mechanism for domestic and overseas airlines

Updated On: 30 Aug 2022 | 8:16 PM IST

Here's why Mehul Kothari is bullish on Hindustan Petro, Whirlpool

According to the technical analyst from Anand Rathi, Hindustan Petroleum can be bought near Rs 237, while Whirlpool of India should be bought above Rs 1,680.

Updated On: 15 Jul 2022 | 7:39 AM IST

After 5 months, ONGC finally gets a director on Hindustan Petroleum board

After over five months, Oil and Natural Gas Corporation (ONGC) has finally got a director appointed on the board of Hindustan Petroleum Corporation Ltd -- a firm it had acquired for Rs 36,915 crore

Updated On: 26 Jun 2022 | 11:37 PM IST

Fitch enhances ratings of 13 Indian firms to 'moderate downgrade risk'

These companies are either govt-related entities (GREs) with ratings linked to the sovereign rating or pvt entities whose ratings would be downgraded if India's Country Ceiling was lowered to 'BB+'

Updated On: 20 Jun 2022 | 1:57 PM IST

GAIL, Hindustan Petroleum to pump in Rs 17,000 cr to boost Bengal CNG infra

GAIL, its JV company Bengal Gas Co and Hindustan Petroleum Corporation Ltd's combined investment in various CNG projects in West Bengal will be Rs 17,000 crore over the next five years

Updated On: 21 Apr 2022 | 8:16 PM IST

BS 1000: Most Valuable Indian Companies

Updated On: 31 Mar 2022 | 2:42 PM IST

Indian refiner Hindustan Petroleum buys rare Russian Urals crude: Reports

Hindustan Petroleum Corp Ltd has made a rare purchase of 2 million barrels of Russian Urals crude for loading in May, trade sources said.

Updated On: 17 Mar 2022 | 10:07 AM IST

Mehul Kothari suggests buying Wipro, Hindustan Petroleum; Here's why

Mehul Kothari of Anand Rathi recommends accumulating Wipro as it nears 560-570-mark

Updated On: 04 Mar 2022 | 8:47 AM IST

Here's why Mehul Kothari recommends buying Hindustan Petroleum, V-Guard

According to Mehul Kothari of Anand Rathi, traders can accumulate V-Guard Industries share in the range of 222 - 218 with a stop loss of 210 for an upside target of 236 in coming 1 - 2 weeks.

Updated On: 08 Feb 2022 | 8:34 AM IST

Hindustan Petroleum Q3 net profit drops 63% on inventory loss

Hindustan Petroleum Corporation Ltd (HPCL) on Monday reported a 63 per cent decline in third quarter net profit as it booked inventory losses.

Updated On: 01 Feb 2022 | 1:20 AM IST

Six Indian companies out of potential fallen angels list, says Moody's

Upgrade of India outlook, easing of Covid-19 pandemic effect trigger action

Updated On: 08 Nov 2021 | 1:25 PM IST

India begins selling crude oil from strategic reserves in monetisation push

This is being done to make space for HPCL and Mangalore Refinery and Petrochemicals, which will be leasing space in the ISPRL caverns for commercial use

Updated On: 19 Aug 2021 | 12:14 AM IST

OMCs pay 73% higher excise duty even as crude oil prices decline

The top four OMCs paid all-time high excise duty of Rs 2.87 trn in FY21, up from Rs 1.66 trn in FY20

Updated On: 31 May 2021 | 6:10 AM IST

Oil marketing firms: Gross refining margin, demand remain under pressure

Q4 numbers were boosted by inventory gains

Updated On: 25 May 2021 | 1:18 AM IST