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VERIFIEDET Markets·neutral

HPCL, BPCL, IOC shares in focus as petrol, diesel prices hiked by Rs 3/litre

AI Summary
  • ·Petrol and diesel prices have been increased by up to Rs 3 per litre.
  • ·The price hike is attributed to disruptions in the Strait of Hormuz and a global energy crisis.
  • ·This action is intended to reduce financial pressure on oil marketing companies.
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