VERIFIEDET Stocks·19 May 2026positive

Petrol, diesel price hike impact: HPCL, BPCL & IOC shares jump 2% each. What lies ahead for the OMCs?

AI Summary

·HPCL, BPCL, and IOC shares increased by 2% each.
·Petrol and diesel prices were hiked by approximately 90 paise per litre.
·The price hike aims to ease financial pressure on OMCs due to high global crude prices.