MoneyWorks4Me

PSU OMCs trade higher on the buzz of diesel price hike

14 Mar 2013 Evaluate

All public sector oil marketing companies edged higher on report that diesel prices may be hiked by 40-50 paise per litre from March 15/16. However, petrol prices may be slashed by Rs 1 per litre.

Bharat Petroleum Corporation (BPCL) is currently trading at Rs. 392.70, up by 2.05 points or 0.52% from its previous closing of Rs. 390.65 on the BSE. The scrip opened at Rs. 392.20 and has touched a high and low of Rs. 395.00 and Rs. 388.65 respectively. So far 72,808 shares were traded on the counter.

Hindustan Petroleum Corporation (HPCL) is currently trading at Rs. 302.75, up by 2.00 points or 0.67% from its previous closing of Rs. 300.75 on the BSE. The scrip opened at Rs. 300.65 and has touched a high and low of Rs. 304.00 and Rs. 299.00 respectively. So far 51,911 shares were traded on the counter.

Indian Oil Corporation (IOC) is currently trading at Rs. 310.60, up by 2.55 points or 0.83% from its previous closing of Rs. 308.05 on the BSE. The scrip opened at Rs. 309.25 and has touched a high and low of Rs. 311.15 and Rs. 305.75 respectively. So far 26,092 shares were traded on the counter.

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: