Tag: Stocks

Oil and Natural Gas Corporation (ONGC)

The stock prices of MRPL and Chennai Petroleum have risen by 19% as a result of positive business prospects

In an otherwise sluggish market, shares of Mangalore Refinery & Petrochemicals (MRPL) and Chennai Petroleum Corporation (CPCL) soared up to 19% and touched 52-week highs on Tuesday’s session on the BSE amid strong volumes. The fact that the Singapore gross refining margin (GRM) has risen to a new high of $25.2 per barrel is good news for Indian refiners that…

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Reliance Industries (RIL) shares

Reliance Industries loses 3% after the March quarter results; it has dropped 9% in the last six days

eliance Industries (RIL) shares fell up to 3% to Rs 2,542.1 on the BSE in intraday trade on Monday after the Mukesh Ambani-led oil-to-chemicals (O2C) firm reported a consolidated net profit of Rs 16,203 crore for the quarter ended March 31, 2022 (Q4 FY22), up 22.5 percent from the year-ago period’s Rs 13,227 crore, but falling short of expectations. The stock was…

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