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Indian Oil, HPCL, BPCL shares rise up to 4% on premium petrol price hike 

Indian Oil, HPCL, BPCL shares rise up to 4% on premium petrol price hike 

Shares of HPCL rose 3.86% to Rs 337.35 against the previous close of Rs 324.80. Market cap of HPCL rose to Rs 71,867 crore. 

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Aseem Thapliyal
  • Mar 20, 2026,
  • Updated Mar 20, 2026 3:59 PM IST

Shares of oil marketing companies (OMCs) rose up to 4% on Friday after Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) raised the prices of premium petrol by Rs 2 to Rs 2.35 per litre, according to a ANI post on X.

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IOCL's XP95 is currently retailing at Rs 101.80 per litre, whereas HPCL has also raised the price of its premium petrol by Rs 2-2.3 per litre at various petrol pumps. 

In reaction, shares of HPCL rose 3.86% to Rs 337.35 against the previous close of Rs 324.80. Market cap of  HPCL rose to Rs 71,867 crore. 

Shares of IOC too surged 1.96% to Rs 145.50 against the previous close of Rs 142.70. Market cap of the firm stood at Rs 2.05 lakh crore. Shares of BPCL too gained 0.65% to Rs 287.85.  

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

Shares of oil marketing companies (OMCs) rose up to 4% on Friday after Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) raised the prices of premium petrol by Rs 2 to Rs 2.35 per litre, according to a ANI post on X.

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IOCL's XP95 is currently retailing at Rs 101.80 per litre, whereas HPCL has also raised the price of its premium petrol by Rs 2-2.3 per litre at various petrol pumps. 

In reaction, shares of HPCL rose 3.86% to Rs 337.35 against the previous close of Rs 324.80. Market cap of  HPCL rose to Rs 71,867 crore. 

Shares of IOC too surged 1.96% to Rs 145.50 against the previous close of Rs 142.70. Market cap of the firm stood at Rs 2.05 lakh crore. Shares of BPCL too gained 0.65% to Rs 287.85.  

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

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