VERIFIEDMint Markets·15 May 2026negative

HPCL, BPCL to IOCL: OMC stocks decline up to 2.6% even after petrol, diesel prices raised by ₹3/litre; here's why

AI Summary

·HPCL, BPCL, and IOCL stocks declined by up to 2.6%.
·Petrol prices increased to ₹97.77 per litre in Delhi, and diesel to ₹90.67 per litre.
·Investor sentiment was impacted by the price hike being lower than anticipated and rising global crude prices.