{"id":589582,"date":"2023-07-07T09:37:38","date_gmt":"2023-07-07T04:07:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=589582"},"modified":"2023-07-07T10:38:07","modified_gmt":"2023-07-07T05:08:07","slug":"omcs-log-52-week-high-on-fund-raising-plan-hpcl-bpcl-ioc-gain-up-to-4","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/omcs-log-52-week-high-on-fund-raising-plan-hpcl-bpcl-ioc-gain-up-to-4\/","title":{"rendered":"OMCs log 52-week high on fund raising plan; HPCL, BPCL, IOC gain up to 4%"},"content":{"rendered":"<p>Shares of state-owned listed oil marketing companies (OMCs) continued their upward movement, hitting 52-week highs on the BSE in Thursday\u2019s intra-day trade on plans to raise fund to meet capital expenditure for their various projects.<\/p>\n<p>Among individual stocks, Hindustan Petroleum Corporation (HPCL) rallied 4 per cent to Rs 302.20, while Indian Oil Corporation (IOC) gained 3 per cent to Rs 98.75 and Bharat Petroleum Corporation (BPCL) was up 2 per cent to Rs 393.35 in the intra-day trade today. In the past five trading days, the stock price of these OMCs have surged between 7 per cent and 13 per cent. In comparison, the S&amp;P BSE Sensex was up 2 per cent during the same period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of state-owned listed oil marketing companies (OMCs) continued their upward movement, hitting 52-week highs on the BSE in Thursday\u2019s intra-day trade on plans to raise fund to meet capital expenditure for their various projects. Among individual stocks, Hindustan Petroleum Corporation (HPCL) rallied 4 per cent to Rs 302.20, while Indian Oil Corporation (IOC) gained 3 per cent to Rs 98.75 and Bharat Petroleum Corporation (BPCL) was up 2 per cent to Rs 393.35 in the intra-day trade today. In the past five trading days, the stock price of these OMCs have surged between 7 per cent and 13 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-589582","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\/589582","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=589582"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/589582\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=589582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=589582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=589582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}