Price range 2025: HPCL, BPCL, IOC shares damaged, what’s there within the price range, which elevated the promoting? – INA NEWS
Price range 2025: Within the shares of presidency oil corporations (OMCs), there was fierce promoting on Price range Day right this moment. Throughout this era, shares of Hindustan Petroleum Company Restricted (HPCL), Bharat Petroleum Company Restricted (BPCL) and Indian Oil Company Restricted (IOC) broke as much as 5%. This decline got here after the bulletins made within the price range relating to LPG subsidy. HPCL shares misplaced 1.84 per cent to Rs 344.85, BPCL fell 0.58 per cent to Rs 255.60 and IOC shares have fallen by 1.30 per cent to Rs 125.50.
Price range paperwork have proven that LPG subsidy for the monetary yr 2025 has been stored ₹ 14700 crore and ₹ 12100 crore for the monetary yr 2026. The LPG under-rictivate for these oil advertising corporations within the first 9 months of 2025 was ₹ 30,000 crore.
Of those, Indian Oil had an under-rrick of ₹ 14,325 crore, whereas BPCL’s under-rictivity was ₹ 7,200 crore, HPCL under-ricor was ₹ 7,600 crore. Within the price range, no compensation was given to OMC for LPG deficit.
The Ministry of Petroleum in April 2020 directed the oil advertising corporations (OMCs) that if the value of the market-defined LPG cylinder is decrease than the efficient price utilized for the buyer, then OMCs will deposit this distinction in a separate “buffer account” , In order that it may be adjusted in future.
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Price range 2025: HPCL, BPCL, IOC shares damaged, what’s there within the price range, which elevated the promoting?
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