Are GRMs going to be sustainable or will they moderate? MK Surana answersThe petrol and ATF still there is no windfall tax. So, it is 15 days average price which guides the windfall tax and it will keep on increa...
03 Aug, 2023, 11.49 AM IST
HPCL Q4 Results: Net profit drops 40% YoY to Rs 1,795 croreThe sales revenue jumped 24% from a year earlier to Rs 104,942 crore in the Jan-March period on higher prices. The gross refinery margin (G...
19 May, 2022, 08.25 PM IST
IOC Q3 net profit rises 19% YoY at Rs 5,861 crIndian Oil’s quarterly profit rose to Rs 5,861 crore from Rs 4,917 crore in the same period a year earlier due to higher refining margins, ...
31 Jan, 2022, 09.34 PM IST
HPCL stock gains momentum on rising GRM, expanding capacityThe capacity of HPCL’s Mumbai and Vizag refineries will increase by 27 per cent and 81 per cent respectively taking the total capacity to 2...
10 Nov, 2021, 06.19 AM IST
Quite a good recovery in terms of fuel demand: MK Surana, HPCL"Overall, demand is picking up. In petrol, we should end the year with positive growth. Diesel will also match the pre-pandemic level if ev...
05 Aug, 2021, 02.12 PM IST
Stock pick of the week: How HPCL is thriving on marketing strategyHPCL has a high marketing share from metros which gives it the advantage of higher margins, higher growth rate and lower competition. Cheap...
03 Sep, 2020, 10.11 AM IST
HPCL gains over 2% ahead of Q1 results; here’s what to expectThe scrip traded 2.27 per cent up at Rs 217.90 at around 9.40 am (IST), while the benchmark BSE Sensex was up 0.63 per cent at around the s...
06 Aug, 2020, 10.51 AM IST
Buy HPCL, target price Rs 278: ICICI SecuritiesThe brokerage estimates Q1FY21E EPS of HPCL to be up 266 per cent year on year.
09 Jul, 2020, 11.41 AM IST
HPCL Q2 profit falls 4% to Rs 1,052 crore; GRM falls to $2.83 from $4.81Total income of the company declined 9.40 per cent to Rs 66,850.89 crore against Rs 73,789.50 crore.
07 Nov, 2019, 07.54 PM IST
Decline in key parameters makes IOC stock a laggard among peersInvestors envisage a possibility that IOC may end up biding for the government’s stakes in BPCL or GAIL.
05 Nov, 2019, 08.25 AM IST
Buy HPCL, target Rs 295: Motilal Oswal Financial ServicesHPCL plans to infuse BS-VI-compliant fuel into its pipeline from end-2019.
08 Aug, 2019, 11.41 AM IST
HPCL drops 53% on lower refiner margins, inventory lossesNet profit slipped to Rs 811 crore in April-June as compared to Rs 1,719 crore a year back.
07 Aug, 2019, 08.39 PM IST
HPCL Q2 results coming today: What to expectSharekhan projected 57.40% YoY rise in sales and 23.20% fall in profit after tax in Q2 FY19.
01 Nov, 2018, 01.31 PM IST
IOC, BPCL, HPCL hit fresh all-time highs in Friday’s tradeICICI Securities estimates stabilised Paradip refinery to be one of the main drivers of 16 per cent YoY rise in FY18E earnings per share (E...
27 Jan, 2017, 01.55 PM IST
Rebound in GRMs to boost Indian Refiners’ earningsGRM is the difference between the value of petroleum products sold and the cost of the processed crude. The benchmark Singapore GRM surged ...
06 Oct, 2016, 12.06 PM IST
- HPCL Q3 net loss seen at Rs 1,500 cr
HPCL is likely to report a net loss of Rs 1,500 crore for December quarter as against a net profit of Rs 2,725 crore YoY.
12 Feb, 2013, 02.47 PM IST
- HPCL eyeing oil blocks in Africa
HPCL is eyeing oil blocks in African countries, its Chairman and Managing Director, Subir Roy Choudhari said today.
17 Sep, 2010, 04.49 PM IST