State-run oil marketing company reports higher refining margins and recommends a final dividend of Rs 19.25 per equity share for FY26
The board of HPCL has declared a final dividend of ₹19.25 per share of ₹10 face value for the financial year 2026 and set August 14 as the record date.
Among the index constituents, Mahanagar Gas fell around 4.5 per cent, followed by IOCL, BPCL, Adani Total Gas, HPCL, Petronet LNG, Chennai Petroleum, and GAIL down over 2 per cent each
At the top of the list is Bharat Petroleum Corporation (BPCL), which offers the highest dividend yield of 7.5 per cent
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Massive fire near crude distillation unit at Balotra refinery site prompts postponement of PM Modi's visit; no casualties reported, probe underway
Crude oil prices fell for a second day on Wednesday on expectations that peace talks between the US and Iran may resume
Hindustan Petroleum Corporation Limited seeks LPG cargo from Russia as Hormuz disruption deepens supply crisis, forcing India to diversify sourcing beyond the Middle East
The selling in HPCL, IOCL, BPCL came after oil prices surged above $100 per barrel as escalating tensions in West Asia spooked investors.
Cabinet approves revised Rs 79,459 crore cost for HPCL Rajasthan refinery, boosting petrochemical output and supporting energy security and import substitution
CCEA hikes HPCL refinery cost, clears hydro projects and Kharif fertiliser subsidy in a series of key approvals
Nomura believes oil marketing companies (OMCs) are likely to face margin pressure after the government raised prices of aviation turbine fuel (ATF) and commercial liquefied petroleum gas (LPG)
Stocks to Watch today, March 27, 2026: BPCL, IOCL, Oil India, RIL, and others will be in focus; here's why
Brent crude oil prices cooled off on reports that the US is seeking a month-long ceasefire in its war on Iran, and had sent a 15-point plan to Iran for discussion
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According to a Nomura note dated March 22, industrial diesel prices were increased to ₹109.59 per litre from ₹87.57 per litre on March 20, marking a jump of about 25 per cent
HPCL raised premium petrol prices by ₹2 per litre, while regular petrol and diesel rates remain unchanged
Notably, OMCs' shares have remained volatile over the past two weeks as crude oil prices have surged more than 40 per cent amid the ongoing West Asia conflict involving the US, Israel and Iran
Oil prices rose after Iran attacked several energy facilities across West Asia following a strike on its South Pars gas field, a major escalation in Tehran's war with the US and Israel