Indraprastha Gas, Mahanagar Gas, HPCL hit record highs ahead of Q3 results
HPCL, IOCL, MGL and IGL were up 10%-21% in past one month as compared to 6% rise in the Sensex
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Shares of oil marketing companies (OMCs) and city gas distribution companies hit their respective all-time highs on the BSE in otherwise subdued market ahead of October-December (Q3) earnings.
Indraprastha Gas (IGL), Mahanagar Gas (MGL) and Hindustan Petroleum Corporation (HPCL) hit record highs, were up 2% to 4% on the BSE. On comparison, the S&P BSE Sensex was down 0.17% at 28,390 points at 01:05 pm. HPCL, IOCL, MGL and IGL were up 10%-21% in past one month as compared to 6% rise in the S&P BSE Sensex.
MGL, the largest gainer among the pack, was up 3.6% at Rs 937, after rallied 5% to Rs 948 on the BSE in intra-day trade.
Indraprastha Gas (IGL), Mahanagar Gas (MGL) and Hindustan Petroleum Corporation (HPCL) hit record highs, were up 2% to 4% on the BSE. On comparison, the S&P BSE Sensex was down 0.17% at 28,390 points at 01:05 pm. HPCL, IOCL, MGL and IGL were up 10%-21% in past one month as compared to 6% rise in the S&P BSE Sensex.
| COMPANY | LATEST | 1-MTH BEFORE | GAIN(%) |
| H P C L | 567.00 | 467.10 | 21.39 |
| I O C L | 402.25 | 346.50 | 16.09 |
| MGL | 937.25 | 842.45 | 11.25 |
| IGL | 1019.45 | 922.00 | 10.57 |
| B P C L | 719.45 | 663.50 | 8.43 |
| S&P BSE Sensex | 28390.00 | 26759.00 | 6.1 |
MGL, the largest gainer among the pack, was up 3.6% at Rs 937, after rallied 5% to Rs 948 on the BSE in intra-day trade.