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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Petrol price hike Petrol price hike
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.
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