Indian Oil Corporation Ltd News
HPCL, BPCL, IOC: Will OMC stocks remain under pressure on excise duty cut?_65552
According to the current chart structures, shares of OMCs needs to hold their relevant support levels to stay afloat.
 "HPCL, BPCL, IOC: Will OMC stocks remain under pressure on excise duty cut?_65552")
Mehul Kothari of Anand Rathi recommends buying ITC, IOC_64650
According to the technical analyst, ITC has given a confirm breakout above Rs 272, hence the stock can potentially rise to Rs 290.
 "Mehul Kothari of Anand Rathi recommends buying ITC, IOC_64650")
OMCs in focus; HPCL hits 52-week low, IOC slips 4% on disappointing Q4_63951
As per media reports, the government is considering selling a 20-25 per cent stake in BPCL instead of its entire 53 per cent holding, previously under divestment process.
 "OMCs in focus; HPCL hits 52-week low, IOC slips 4% on disappointing Q4_63951")
Indian Oil to invest Rs 840 crore to set up plant, raise storage capacity_50118
Indian Oil Corporation on Sunday said it will invest nearly Rs 840 crore in expanding its Petroleum, Oil and Lubricant storage capacities, including setting up a greenfield facility, in the Northeast
 "Indian Oil to invest Rs 840 crore to set up plant, raise storage capacity_50118")
Street realigning to the new scenario for oil marketing companies_46279
Many more price hikes though required to return to positive margins; moderate valuations offer some comfort
 "Street realigning to the new scenario for oil marketing companies_46279")
Markets are not fully pricing in fuel-led inflation yet, say analysts_45668
Retail prices of petrol and diesel had been on a freeze since October 2021 when crude oil prices were hovering around $80 a barrel
 "Markets are not fully pricing in fuel-led inflation yet, say analysts_45668")
Will petrol, diesel price hike set OMC stocks on fire? What charts suggest_45699
Except IOC, which managed to hold 200-DMA, other stocks are in no mood to conquer their respective hurdles yet, technical charts indicate
 "Will petrol, diesel price hike set OMC stocks on fire? What charts suggest_45699")
No Russia impact on crude availability, says CPCL MD Arvind Kumar_44318
"As the economy is on the path of demand recovery post Covid, fuel consumption has also been picking up," said Kumar.
 "No Russia impact on crude availability, says CPCL MD Arvind Kumar_44318")
Top headlines: Oil PSUs buy cheaper Russian crude; JPM cuts Indian shares_44485
Business Standard brings you the top headlines on Thursday
 "Top headlines: Oil PSUs buy cheaper Russian crude; JPM cuts Indian shares_44485")
Amid Ukraine crisis, clouds of uncertainty weigh on OMC stocks_39021
Fall in refining margins and likely sharing of subsidy burden are key overhangs
 "Amid Ukraine crisis, clouds of uncertainty weigh on OMC stocks_39021")
Indian Oil no longer accepts Russian crude oil on free-on-board basis_38129
The letter was sent on Monday to traders who submit cargo offers into IOC's regular crude oil buy tenders
Apollo Hospitals to enter Nifty50 index on March 31; stock surges 7%_36920
Apollo Hospitals Enterprises will replace state-owned oil marketing company Indian Oil Corporation in the index
 "Apollo Hospitals to enter Nifty50 index on March 31; stock surges 7%_36920")
OMCs under pressure as Brent tops $100-mark; BPCL, IGL hit 52-week lows_36440
BPCL, HPCL, Indian Oil, Gujarat Gas, Petronet LNG, Indraprastha Gas and Mahanagar Gas are trading 2 per cent to 6 per cent lower on the BSE.
 "OMCs under pressure as Brent tops $100-mark; BPCL, IGL hit 52-week lows_36440")
Dabur to reach its wares to 140 mn Indane users via IndianOil delivery team_36118
Move will help Dabur leverage IndianOil's reach via booklets given to consumers through OMC's delivery team. An app will also help customers order directly, and get the products delivered by this team
 "Dabur to reach its wares to 140 mn Indane users via IndianOil delivery team_36118")
BPCL hits 52-week low on likely delay in divestment, soaring oil prices_35423
Even if OMCs are not made to share any under-recovery, the continued pricing intervention would make it utterly difficult to divest government's stake in BPCL, Motilal Oswal said in its report
 "BPCL hits 52-week low on likely delay in divestment, soaring oil prices_35423")
India's Green Hydrogen Policy to benefit RIL, Tata Power the most: Analysts_35051
RIL has already spent $1.4 billion to acquire technologies across the solar battery and hydrogen ecosystems
 "India's Green Hydrogen Policy to benefit RIL, Tata Power the most: Analysts_35051")
Indian Oil Corp reports over 19% jump in Q3 net profit at Rs 5,861 crore_25585
Revenue from operations rose nearly 35% to Rs 1.98 trillion
 "Indian Oil Corp reports over 19% jump in Q3 net profit at Rs 5,861 crore_25585")
Stocks to Watch: Surpiya Life, RBL Bank, SpiceJet, IOC, HFCL, telecom stks_12134
Surpiya Lifescience is likely to make a bumper debut on the stock exchanges, with GMP indicating a likely listing gain of 40-45 per cent for the stock
 "Stocks to Watch: Surpiya Life, RBL Bank, SpiceJet, IOC, HFCL, telecom stks_12134")
IOC to invest Rs 9,028 crore for setting up a new crude oil pipeline_10683
IOCL operates a network of more than 15,000-km long crude oil, petroleum product and gas pipelines
 "IOC to invest Rs 9,028 crore for setting up a new crude oil pipeline_10683")
West Bengal: 3 killed, 44 injured in IOC's Haldia refinery fire_9786
IOC said in a statement that the incident occurred at a unit of the refinery during shutdown-related works
 "West Bengal: 3 killed, 44 injured in IOC's Haldia refinery fire_9786")
