State-owned OMCs dip as crude oil hits 2015 highs

IOC dipped nearly 6% to Rs 344, while BPCL down 5% to Rs 741 and HPCL 4% to Rs 604 on the BSE.

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SI Reporter Mumbai
Last Updated : May 06 2015 | 10:30 AM IST
Shares of state-owned oil marketing companies such as Indian Oil Corporation (IOC) Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) have fallen by upto 6% on the bourses as oil prices hit their highest for the year on Tuesday. CLICK HERE TO READ FULL REPORT.
 
Among the individual stocks, IOC has dipped nearly 6% to Rs 344, while BPCL down 5% to Rs 741 and HPCL 4% to Rs 604 on the BSE at 1010 hours.

 

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First Published: May 06 2015 | 10:21 AM IST

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