Adani Wilmar, Patanjali Foods hit upper circuit; here’s why
Adani Wilmar reclaims ₹1 lakh crore m-cap; Patanjali Foods crosses ₹50,000 cr market cap
oil stocks
September 2022
August 2022
July 2022
May 2022
March 2022
Windfall tax on diesel, ATF cut; oil stocks rise
The Centre has reduced tax on domestically-produced crude oil to ₹10,500 per tonne from ₹13,300 per tonne; tax levy on diesel lowered to ₹10 per litre.
Oil stocks Reliance, ONGC, Adani Gas, IOC fall up to 5%; here’s why
Shares of ONGC, Reliance, Adani Total Gas, Indraprastha Gas, CPCL, and MRPL saw selling pressure after the govt revised the windfall tax on crude oil
HPCL, BPCL, IOC shares fall up to 6%; here's why
HPCL, BPCL, IOC reported a combined loss of ₹18,480 crore in the June quarter due to a decline in the margin on petrol, diesel, and domestic LPG in the backdrop of rise in international crude prices
Reliance, ONGC, Oil India extend fall on windfall tax; slump up to 20% in 2 sessions
Shares of Oil India have plunged 20% in two sessions, while ONGC and RIL tumbled 18% and 8.7%, respectively, during this period.
RIL, ONGC, GAIL, IOC skid up to 15% as govt hikes export tax on petrol, diesel
Reliance Industries nosedived 8.65% to touch an intraday low of ₹2,369.45 on the BSE, registering its biggest single-day decline in the last 18 months
Why are oil stocks IOC, HPCL, BPCL down today
Shares of state-owned oil companies plunged up to 7% on Wednesday after Indian Oil reported weak earnings for the March quarter of 2022.
Why are oil stocks ONGC, GAIL, HPCL, RIL under stress today?
Shares of state-owned oil and gas companies dropped up to 4% this morning following the continued slide in international crude prices.
