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OMCs gain momentum after Auto LPG price get hiked by Rs 6 per litre

Bharat Petroleum Corporation Ltd. | Refineries | Oil & Gas | BSE: 500547 | NSE: BPCL

03 Apr 2012 Evaluate

State-owned oil firms like Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) have hiked auto LPG prices by Rs 6 per litre, which marks the third increase this year. The hike comes on back of steep rise in international oil prices.

Liquefied Petroleum Gas (LPG) used as fuel in automobiles, called Auto LPG, will now cost Rs 49.72 per litre as against Rs 43.65 per litre price till last month. Auto LPG prices were hiked by almost Rs 3 per litre on March 1 when rates were increased from Rs 40.7 per litre to Rs 43.65 a litre.

Meanwhile, these oil companies, which are also incurring loss of around Rs 6.43 on each litre of petrol sold, want to hike the price of petrol by at least Rs 9 per litre in order to bring them on par with international rates.

Hindustan Petroleum Corporation (HPCL) is currently trading at Rs 299.75, up by 2.20 points or 0.74% from its previous closing of Rs 297.55 on the BSE. The scrip opened at Rs 298.00 and has touched a high and low of Rs 301.00 and Rs 295.10 respectively. So far 36721 shares were traded on the counter.

Bharat Petroleum Corporation (BPCL) is currently trading at Rs 699.10, up by 9.55 points or 1.38% from its previous closing of Rs 689.55 on the BSE. The scrip opened at Rs 688.05 and has touched a high and low of Rs 700.20 and Rs 685.00 respectively. So far 19403 shares were traded on the counter.

Indian Oil Corporation (IOC) is currently trading at Rs 264.60, up by 3.45 points or 1.32% from its previous closing of Rs 261.15 on the BSE. The scrip opened at Rs 262.00 and has touched a high and low of Rs 266.00 and Rs 260.00 respectively. So far 35878 shares were traded on the counter.

BPCL Share Price

312.05 4.05 (1.31%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Reliance Industries	1365.10
Indian Oil Corp.	145.85
BPCL	312.05
HPCL	370.95
MRPL	183.20
View more..

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OMCs gain momentum after Auto LPG price get hiked by Rs 6 per litre

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