SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

PSU OMCs trade jubilantly on the bourses

19 Jun 2012 Evaluate

PSU oil marketing companies (OMCs) are trading jubilantly after international crude oil prices snapped its two session uptrend.

Bharat Petroleum Corporation (BPCL) is currently trading at Rs. 744.00, up by 6.45 points or 0.87% from its previous closing of Rs. 737.55 on the BSE. The scrip opened at Rs. 740.80 and has touched a high and low of Rs. 744.00 and Rs. 737.25 respectively. So far 20751 shares were traded on the counter.

Hindustan Petroleum Corporation (HPCL) is currently trading at Rs. 312.00, up by 10.70 points or 3.55% from its previous closing of Rs. 301.30 on the BSE. The scrip opened at Rs. 301.20 and has touched a high and low of Rs. 312.50 and Rs. 299.95 respectively. So far 91598 shares were traded on the counter.

Indian Oil Corporation (IOC) is currently trading at Rs. 245.30, up by 3.85 points or 1.59% from its previous closing of Rs. 241.45 on the BSE. The scrip opened at Rs. 240.00 and has touched a high and low of Rs. 246.40 and Rs. 239.00 respectively. So far 44461 shares were traded on the counter.

Crude oil prices snapped the two session uptrend on week’s first trading session as they reversed their course during the session amid intensifying concerns over the financial turmoil in Euro-zone despite over the weekend Greek elections giving victory to pro-austerity parties. The oil prices climbed in early trades as the Greek polls ensured that worries over the break-up of European Union abate however, German Chancellor Angela Merkel’s words of caution dampened the hopes of a coordinated EU action to provide stimulus, dragging down oil prices. Moreover, the sharp appreciation in American greenback against a basket of currencies too made the crude prices expensive for holders of currencies.

Benchmark crude for July delivery declined by $0.76 or 0.9% to $83.27 a barrel, after trading as high as $85.60 and as low as 82.04, on the New York Mercantile Exchange. In London, the August delivery Brent crude plummeted $1.56 or 1.60% to $96.05 a barrel on the ICE.

HPCL Share Price

375.65 1.05 (0.28%)
04-May-2026 10:37 View Price Chart
Peers
Company Name CMP
Reliance Industries 1445.00
Indian Oil Corp. 143.15
BPCL 302.80
HPCL 375.65
MRPL 162.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×