{"id":578974,"date":"2023-05-24T07:37:42","date_gmt":"2023-05-24T02:07:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=578974"},"modified":"2023-05-24T08:03:48","modified_gmt":"2023-05-24T02:33:48","slug":"omcs-extend-gains-on-improved-operational-performance-ioc-hits-52-wk-high","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/omcs-extend-gains-on-improved-operational-performance-ioc-hits-52-wk-high\/","title":{"rendered":"OMCs extend gains on improved operational performance; IOC hits 52-wk high"},"content":{"rendered":"<p>Shares of state-owned oil marketing companies (OMCs) continued trading higher on the bourses, gaining up to 3 per cent on the BSE in Tuesday&#8217;s intra-day trade, on improved operational performance in the January-March quarter (Q4FY23) on sequential basis. <\/p>\n<p>Hindustan Petroleum Corporation (HPCL) (Rs 263.35), Indian Oil Corporation (IOCL) (Rs 89.92) and Bharat Petroleum Corporation (BPCL) (Rs 371.95) rose 3 per cent each in the intra-day trade today. In comparison, the S&amp;P BSE Sensex was up 0.41 per cent at 61,216 at 12:57 PM. <\/p>\n<p>In the past six months, IOCL, which hit a fresh 52-week high today, has rallied 28 per cent, followed by HPCL (22 per cent) and BPCL (19 per cent).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of state-owned oil marketing companies (OMCs) continued trading higher on the bourses, gaining up to 3 per cent on the BSE in Tuesday&#8217;s intra-day trade, on improved operational performance in the January-March quarter (Q4FY23) on sequential basis. Hindustan Petroleum Corporation (HPCL) (Rs 263.35), Indian Oil Corporation (IOCL) (Rs 89.92) and Bharat Petroleum Corporation (BPCL) (Rs 371.95) rose 3 per cent each in the intra-day trade today. In comparison, the S&amp;P BSE Sensex was up 0.41 per cent at 61,216 at 12:57 PM. In the past six months, IOCL, which hit a fresh 52-week high today, has rallied 28 per [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-578974","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=578974"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578974\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=578974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=578974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=578974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}