A total of 289,167 shares changed hands on the counter till time (IST).

A total of 1,480,344 shares changed hands on the counter till 01:55PM (IST).

Tata Motors has delivered hydrogen fuel cell-powered buses to Indian Oil, marking a step towards scaling up the technology. The buses use hydrogen as an energy source, which combines with oxygen to generate electricity. The electricity is stored in a battery and used to propel the wheels, making the buses zero-emission vehicles. In addition to the fuel cell technology, the buses also feature hydrogen storage, safety systems, telematics, and an intelligent transport system. The cost of these buses compared to diesel fuel buses will play a role in determining their future.

The stock quoted a 52-week high price of Rs 101.44 and a 52-week low of Rs 65.2.

Stable demand, optimism due to Chinas stimulation measures, and supply cuts announced by Russia and Saudi Arabia have led to a surge in oil prices. Sameer Bhardwaj analyses the impact on the Indian economy.

As of 30-Jun-2023, promoters held 51.5 per cent stake in the company, while FIIs held 7.56 per cent and domestic institutional investors had 2.2 per cent.

A total of 144,236 shares changed hands on the counter till 10:25AM (IST)

The fund crunch is the story of probably every Indian tennis player but the fact that the country's number one singles player is not saving enough money for himself and his family just exposes the unhelpful system and the brutal Tour where the players wage lonely battles.

​​These three entities are the AAI, the Oil and Natural Gas Corporation Limited (ONGC) and the Indian Oil Corporation (IOC). In 1995, a government resolution had ordered all the commercial entities, including central PSUs, functioning in Gujarat to hire 85 per cent of their workforce from Gujarat.

Indian energy company Indian Oil has become the title sponsor of the first-ever MotoGP race in India, MotoGP Bharat. The event will take place at the Buddh International Circuit from September 22 to 24, with 42 teams and 84 riders competing across multiple categories.

In April 2023, mutual funds completely exited public sector refining company Chennai Petroleum Corporation. The stock has more than doubled since then.

As of 30-Jun-2023, promoters held 51.5 per cent stake in the company, while FIIs held 7.56 per cent and domestic institutional investors had 2.2 per cent.

On September 8, Friday, StockEdge reported 13 stocks with an ascending Relative Strength Index (RSI). In this article, we explore the significance of RSI in assessing stock movements and present 10 promising stocks that are currently trending up.

India VIX was down by 0.83% from 10.87 to 10.78 levels in the previous session. Volatility has been cooling off from the last three weeks and comforting the bulls for buying on declines.

#IOC Bulls&shares Janmashtami special jackpot call Buy IOC 26 oct 95 @ 2.10#IOC

#IOC Bulls&shares Janmashtami special jackpot call Buy IOC 26 oct 95 @ 2.10#IOC

#IOC Bulls&shares Janmashtami special jackpot call Buy IOC 26 oct 95 @ 2.10#IOC

#IOC Bulls&shares Janmashtami special jackpot call Buy IOC 26 oct 95 @ 2.10#IOC

Russia has keen that India expands its presence at the Vladivostok port. Russia is keen to accord further momentum to the Chennai-Vladivostok Maritime Corridor, which could give a huge boost to maritime ties between the two countries.

The Bengaluru-Chennai express highway is expected to be launched by the end of this year or January 2024, according to Union Minister for Road Transport and Highways Nitin Gadkari. This highway will significantly reduce travel time between the two cities to just two hours. In addition, Chennai will soon be connected to Delhi through an access-controlled highway project.

The CMFRI statement said the researchers have also identified the genes involved in the biosynthesis of polyunsaturated fatty acids (PUFA) of the oil sardine, offering insights into the genomic mechanisms behind the high nutritional quality of these sardines.

​The overall consumption of refined fuels rose 6.5% in August from a year earlier. The gains in sales of petrol and diesel in August have mainly been on account of the private fuel retailers. State fuel retailers such as Indian Oil, Bharat Petroleum and Hindustan Petroleum together sold 2.9% less diesel in August over last year and 0.4% more petrol.

Oil marketing firms are grappling with a tough Q2 of FY24 as Brent crude prices rise while retail fuel prices remain stable. This is likely to affect their profits due to shrinking gross marketing margins, with a 45% drop in petrol margins in Q2.

Oil marketing firms are grappling with a tough Q2 of FY24 as Brent crude prices rise while retail fuel prices remain stable. This is likely to affect their profits due to shrinking gross marketing margins, with a 45% drop in petrol margins in Q2.

#IOC Bulls&shares Janmashtami special jackpot call Buy IOC 26 oct 95 @ 2.10#IOC

These large-cap stocks, having crossed their 100-day SMA on September 5, 2023, stand as robust performers in the stock market.

Due to lower Brent prices and unchanged retail fuel prices in Q1, the implied marketing gross margin (GMM) for OMCs had improved to Rs 8.8 per litre from Rs 3.1 per litre in the previous quarter.

A total of 793,629 shares changed hands on the counter till 11:01AM (IST)

Preliminary sales data shows that state retailers in India experienced a drop in monthly diesel sales in August, while gasoline consumption increased. The decline in diesel sales can be attributed to the monsoon season, which led to reduced construction activity and an increase in personal vehicle usage for commuting.

The stock quoted a 52-week high of Rs 101.44 and a 52-week low of Rs 65.2.

As of 30-Jun-2023, promoters held 51.5 per cent stake in the company, while FIIs held 7.56 per cent and domestic institutional investors had 2.2 per cent.

Other stocks in the list include Natco Pharma, The Phoenix Mills, Indian Oil Corporation, Lupin, Kansai Nerolac Paints, The New India Assurance Company and Jupiter Wagons.

Ujjwala scheme subscribers already get Rs 200 subsidy on cooking gas cylinders, while the reduction of Rs 200 in prices of LPG cylinders announced on Tuesday will be on top of that, Information and Broadcasting Minister Anurag Thakur told mediapersons after the Union Cabinet meeting.

EPC major Larsen & Toubro, refining and marketing major Indian Oil Corporation and renewable energy player Renew have formed an equal joint venture to set up their green hydrogen business. The joint venture company is called GH4India Private Limited where the companies will hold 33.33% each, L&T said in a regulatory filing.

IOC, which is the nation's largest refiner as well as fossil fuel retailer, also plans to invest about ₹1 lakh crore to expand its refining capacity by a third to 107 million metric tonnes per annum.

IndianOil will invest Rs 1 lakh crore in expanding capacity to refine and turn crude oil into fuel and a staggering Rs 2.4 lakh crore in projects that will help it achieve net-zero carbon emissions from its operations. Another Rs 60,000 crore is planned to be invested in setting up a giant petrochemical complex at Paradip in Odisha.

Indian Oil Corp, the nation's largest refiner and fossil fuel retailer, plans to spend $30 billion to achieve its net-zero operational emissions target by 2046. The company also aims to invest over Rs 1 lakh crore to expand its refining capacity by a third.

The current rule allows the downstream regulator to reduce the performance bank guarantees (PBG) required of city gas licensees to 40% of the initial amount after they have completed their minimum work programme (MWP). Recently, PNGRB allowed a reduction in the PBG by GAIL Gas Ltd and Indian Oil Adani Gas Pvt Ltd after the two entities completed their MWP in their respective licensed areas of Bengaluru and Daman.

State-run oil and gas companies have altogether spent ₹34,000 crore in the first four months of the current fiscal year, about a third of their annual capex target of ₹ 1,06,000 crore, government data showed. Indian Oil Corp, the nation's top refiner, has spent ₹10,770 crore in the April-July period, the highest among state oil and gas firms.

The move is part of the Reserve Bank of India's broader aim of promoting settlement in local currencies with countries with which India has a trade deficit, with the knock-on effect of boosting the rupee's global reach, three banking sources said.

The stock quoted a 52-week high of Rs 101.44 and a 52-week low of Rs 65.2.

The objective is to improve yields and cut down on any interruptions, said Grover, adding that each day of refining interruption would mean a potential loss of Rs 200-300 crore in sales. The new digital architecture at the firm helps “predict what can go wrong and help us act to prevent that”, Manish Grover, executive director (strategic information systems), Indian Oil Corporation, said.

Experts say when more women occupy critical roles, they will demand systemic improvements that would throw open the gates and make these sectors gender-inclusive.

"We would like to emphasise again that any efforts by London to further spin the anti-Russian sanctions flywheel will inevitably receive a decisive response from our side," CNN quoted the Ministry as saying in a statement late Friday. "Work on expanding the Russian 'stop list' in response to the actions of the British authorities will continue," it added.

A total of 309,353 shares changed hands on the counter till time (IST).

Their sales of aviation turbine fuel (ATF), as well as LPG, fell by 2% each month-on-month. The sales of ATF, however, were up 8% year-on-year and those of LPG 3.7% higher.

India's state retailers have reported a decline in gasoline and diesel sales for the first half of August, compared to the same period last month and last year; preliminary sales data showed on Wednesday. Due to the heavy flooding caused by Monsoon rains, fuel demand in India tends to drop during the four-month monsoon season, which starts in June.

The website of AMC Repo lists 128 eligible issuers, which include the State Bank of India, Adani Ports and Special Economic Zone, Bharat Petroleum Corporation, HDFC Bank, Reliance Industries, Indian Oil Corporation, Larsen & Toubro, Shriram Finance, Tata Steel and Power Finance Corporation.

A total of 232,196 shares changed hands on the counter till 12:58PM (IST)

On the technical charts, the 200-day moving average of the stock stood at Rs 82.31.

Indian engineering major L&T has committed up to $4bn to its green hydrogen businesses alongside joint venture partners Indian Oil Corporation and ReNew. The sum will be invested over between three and five years. L&T has already signed a deal with McPhy Energy for the manufacture of electrolysis units and an exclusive licensing deal to use the company's pressurised alkaline electrolyser technology.

L&T has a joint venture with state-run Indian Oil Corporation and renewable power company ReNew for its green hydrogen ventures. "We will invest around Rs 500 crore in making electrolysers. Also, we have a JV with IOCL and Renew to put up green hydrogen plants. Now that JV can also put up green hydrogen plants beyond IOCL for others, said Subrahmanyan, adding that the investment would be around $4 billion.

On the technical charts, the RSI of the stock stood at 39.17.

The stock quoted a 52-week high price of Rs 101.44 and a 52-week low of Rs 65.2.

The profit was over 92% higher than Rs 3,222.62 crore net profit in the preceding quarter. Last year, HPCL and other government-owned fuel retailers -- Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) -- froze retail petrol and diesel prices to cushion domestic consumers from rising international oil rates.

Private sector refiners helped boost India's imports of Russian oil in July after a decline in June amid reports of narrowing discounts. India imported 1.92 million barrels a day of Russian crude in July, almost reaching the record levels of May, according to energy cargo tracker Vortexa.

Motilal Oswal is bullish on IOCL recommended buy rating on the stock with a target price of Rs 110 in its research report dated July 30, 2023.

ICICI Securities is bullish on Indian Oil Corporation recommended buy rating on the stock with a target price of Rs 120 in its research report dated July 28, 2023.

Jet fuel or ATF price on Tuesday was hiked by a steep 8.5 per cent - the second increase in a month, while commercal cooking gas rate was cut by Rs 100 per cylinder in line with divergent trends in international benchmarks. The hike comes on the back of a 1.65 per cent or Rs 1,476.79 per kl increase in ATF prices effected from July 1.

Indian Oil Corp, Bharat Petroleum and Hindustan Petroleum obtained a larger market share last summer as private refiners slowed sales to avoid selling at below-market prices. As international prices sharply rose last summer, state-run companies froze domestic pump prices, prompting private refiners to reduce their retail sales.

Oil marketing companies in India have cut the price of 19kg commercial LPG by Rs 99.75 ($1.33) while keeping domestic cooking gas pricing unaffected. Domestic cooking gas prices fluctuate on a monthly basis and are partly influenced by the global crude oil rate. The revised prices on the 19kg commercial LPG cylinder came into force on 1 August and will cost INR1,680 ($22.40) for retail sales in Delhi.

Many brokerages said potential concerns about future growth prospectus amid narrower discount on Russian crude impacting refining and rising oil prices affecting marketing operations and expected rise in the crude oil prices in coming months.

The IOC wrote to Randhir, a former secretary general of the Indian Olympic Association (IOA) and an ex-IOA member, after banning Kuwait's Sheikh Ahmad Al-Fahad Al-Sabah for three years over his alleged involvement in the recent OCA elections in Bangkok, where the latter's brother Sheikh Talal Fahad Al-Ahmad Al-Sabah was appointed president of the top continental sports body by 24 votes to 20.

The Indian Congress has accused the Modi government of being engaged in looting citizens and has demanded the benefits of falling crude oil prices be passed onto the public. Congress party general secretary, Jairam Ramesh, said if fuel taxes were lowered to pre-Modi levels, petrol and diesel prices could be reduced by 35 per cent.

Revenue from operations during the quarter fell 12% year-on-year (YoY) to Rs 2.21 lakh crore. The same stood at Rs 2.51 lakh crore in the same quarter last year.

A total of 649,654 shares changed hands on the counter till 02:10PM (IST).

According to a Bloomberg poll of two brokerages, IOCL will report a profit of Rs 7,576.10 crore. Revenue is expected to be around Rs 1.91 trillion, according to six brokerages, while two brokerages peg the EBITDA at Rs 20,698.80 crore

The rupee gained 9 paise to close at 81.92 against the US dollar on Thursday, tracking the weakness of the American currency in the overseas market after the US Fed raised interest rates on expected lines.

The rupee gained 9 paise to close at 81.92 against the US dollar on Thursday, tracking the weakness of the American currency in the overseas market after the US Fed raised interest rates on expected lines.

Ukraine has relaxed its boycott policy of events featuring Russians and will now permit its athletes to compete with those taking part as 'neutral athletes'. The rule change allows Ukrainian teams to participate in national events unless Belarusians or Russians are competing under national flags or symbols or have otherwise indicated their allegiance to their country.

Petrol and diesel prices across many parts of India are currently hovering over the Rs 100/litre-mark. After a lull due to high international prices, OMCs are now recouping their losses. However, economists dont expect the Centre to immediately cut taxes on fuel despite the availability of fiscal space, meaning that consumers will continue to shell out more.

International LNG prices have fallen sharply from their highs in 2022 but are “still unaffordable for many customers in India, especially power plants,” said GAIL chairman and managing director Sandeep Kumar Gupta, adding that the domestic demand will pick up once prices drop further.

Bach had said in mid-July that neither Russia nor its ally in the invasion of Ukraine, Belarus, would be invited as a team. The IOC has however left the door open for Russian and Belarusian athletes to compete as neutrals in the 2024 Summer Games without their teams competing.

Organizers, athletes and fans preparing for competitions in Paris — and regional French cities like Lille and Marseille, plus the far-away surfing venue of Tahiti in the South Pacific — can be confident the show will go on.

The company is expanding in Tier 1 and Tier 2 cities such as Delhi NCR, Mumbai, Patna, Bangalore, Kolkata, and Lucknow among others.

With the 2024 Paris Olympics a year away, sports governing bodies are divided on how to treat Russian athletes. Some sports have lifted bans on Russian athletes and are allowing them to compete as neutral competitors without a flag or national anthem. Most of the sports that allow Russians to compete follow the IOC's advice and prefer to call them "individual neutral athletes."