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.

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.