OMCs in focus; HPCL hits 52-week low, IOC slips 4% on disappointing Q4 - Business Standard

5/17/2022 12:00:00 AM2 years 11 months ago
by SI Reporter
by SI Reporter
As per media reports, the government is considering selling a 20-25 per cent stake in BPCL instead of its entire 53 per cent holding, previously under divestment process.
Shares of oil marketing companies (OMCs) were reeling under selling pressure on the BSE in Wednesday’s intra-day trade after Indian Oil Corporation (IOC) reported a disappointing set of numbers for t… [+3736 chars]
full article...