Petrol, diesel price hike impact: HPCL, BPCL & IOC shares jump 2% each. What lies ahead for the OMCs?
Oil Marketing Companies (OMCs) including Bharat Petroleum, Indian Oil, and Hindustan Petroleum saw their shares decline following the government's ₹3 per litre hike in petrol and diesel prices. Analysts view this increase as insufficient to offset the substantial under-recoveries faced by OMCs due to elevated crude oil prices, raising continued concerns over their profitability.
May 19 2026 09:05:00
Stocks to Watch for May 19: Adani Group, IGL, IOC, BPCL and more
Bharat Petroleum's Board of Directors is scheduled to meet on May 19, 2026, to consider and approve the financial results for the fourth quarter and the full financial year ended March 31, 2026.
May 18 2026 23:05:00
Stocks to Watch for May 19: Adani Group, IOC, BPCL, GNFC and more
Bharat Petroleum's Board of Directors is scheduled to convene on May 19, 2026, to consider and approve the financial results for the fourth quarter and the full financial year ended March 31, 2026.
May 18 2026 23:05:00
Should petrol, diesel prices go up by Rs 25 per litre? Oil companies are staring at Rs 1,380 crore daily loss
Indian oil marketing companies (OMCs), including Bharat Petroleum, are facing substantial daily losses on petrol and diesel sales due to stable retail fuel prices amid rising crude oil costs, with collective daily losses estimated between ₹1,380 crore and ₹2,400 crore. This financial pressure could lead to potential fuel price hikes to offset the under-recoveries.
May 18 2026 11:05:00
The Rs 3 relief that wasn't: Why investors are dumping oil stocks after long-awaited petrol, diesel price hike
The government increased petrol prices by Rs 3 per litre and diesel prices by Rs 2 per litre. While this was considered a positive step for oil marketing companies like Bharat Petroleum, analysts noted the hike was insufficient to fully offset the losses incurred from selling fuel below cost, leading to a mixed market reaction for these companies.
May 15 2026 11:05:00
Fuel Price Hike: HPCL, BPCL, IOC shares fall up to 3%; here's how they are impacted
Oil Marketing Companies (OMCs) are experiencing significant margin pressure due to elevated global crude oil prices. Despite recent retail fuel price increases, companies like Bharat Petroleum face under-recoveries on petrol and diesel sales, negatively impacting their profitability.
May 15 2026 09:05:00
HPCL, BPCL and IOC shares slide up to 3% after petrol, diesel price hike
Shares of oil marketing companies, including Bharat Petroleum, are in focus after petrol and diesel prices were hiked by ₹3 per litre. This development is expected to impact the operations of oil marketing companies.
May 15 2026 09:05:00
HPCL, BPCL, IOC shares in focus as petrol, diesel prices hiked by Rs 3/litre
Oil marketing companies, including Bharat Petroleum, are in focus after the government increased petrol and diesel prices by ₹3 per litre, effective May 15, 2026. This hike is aimed at alleviating financial pressure on OMCs due to elevated global crude oil prices and prolonged disruption in the Strait of Hormuz, providing partial relief against significant losses.
May 15 2026 09:05:00
Fuel Price Hike: Here's how HPCL, BPCL and IOC get impacted
Oil Marketing Companies (OMCs), including Bharat Petroleum, saw their share prices decline due to surging crude oil prices, exacerbated by geopolitical tensions. The inability to fully pass on increased input costs through regulated retail fuel prices is expected to squeeze marketing margins and negatively impact short-term earnings.
May 15 2026 07:05:00
Bharat Petroleum Corporation Limited
Bharat Petroleum redeemed Commercial Paper amounting to Rs.3,000 crore on its maturity date, May 13, 2026. This was a full redemption, leaving no outstanding amount for the said paper.
May 13 2026 16:05:00
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