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Source: Live Mint Indian oil marketing companies Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Limited (IOCL), are expected to announce their December quarter earnings over coming weeks. BPCL informed investors through a regulatory filing on Friday, January 17 that the company’s board will meet on Wednesday, January 22 to consider and approve the…
Source: Live Mint OMC Q2 Review: Oil marketing companies (OMCs), including Indian Oil Corp Ltd (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL), reported a double-digit decline (between 70-99 per cent) in their respective net profit during the July-September quarter for fiscal 2024-25 (Q2FY25). Along with weaker refinery margins, OMCs also…
Source: Live Mint Indian Oil Corporation Q2 Results: Indian Oil Corporation (IOC) on Monday, October 28 reported a staggering 98.6 per cent year-on-year (YoY) decline in its standalone net profit to ₹180.01 crore for the quarter ended September 2024. The figure stood at ₹12,967.32 crore in the same period last year. Meanwhile, revenue from operations…
Source: Business Standard After a board meeting held on September 30, 2024, IOC opted to cancel the rights issue | Photo: Shutterstock 2 min read Last Updated : Sep 30 2024 | 5:31 PM IST Indian Oil Corporation (IOC) attracted attention on Monday (September 30) following its announcement to withdraw its Rs 22,000 crore…
Source: Live Mint Stocks to buy: Indian stock market indices, Sensex and Nifty 50, extended its record breaking rally on Monday led by buying across the board. The Sensex scaled a new life-time high of 84,881.73, while the Nifty 50 touched 25,925.80 for the first time. Brokerage firm StoxBox has recommended seven stocks to buy…
