{"id":642549,"date":"2024-04-25T10:14:05","date_gmt":"2024-04-25T04:44:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=642549"},"modified":"2024-04-26T10:31:45","modified_gmt":"2024-04-26T05:01:45","slug":"chennai-petroleum-stock-up-17-on-strong-q4-results-dividend-announcement","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/chennai-petroleum-stock-up-17-on-strong-q4-results-dividend-announcement\/","title":{"rendered":"Chennai Petroleum stock up 17% on strong Q4 results, dividend announcement"},"content":{"rendered":"<p>Chennai Petroleum Corporation stock price soared 16.5 per cent to Rs 1,081.65 apiece, also its fresh record high, on the BSE in Wednesday&#8217;s intraday trade after the energy firm posted solid January-March quarter result (Q4FY24). That apart, the company&#8217;s 100 per cent rise in dividend payout further boosted investor sentiment. <\/p>\n<p>At 1:30 PM, Chennai Petroleum Corporation share price was quoting 16 per cent higher at Rs 1,075.5 per share as against a 0.4 per cent uptick in the benchmark S&amp;P BSE Sensex. <\/p>\n<p>On Wednesday, April 24, 2024, Chennai Petroleum reported a whopping 71 per cent quarter-on-quarter (Q-o-Q) rise in consolidated net profit at Rs 627.89 crore vs PAT of Rs 365.3 crore posted in the December quarter. On a yearly basis, the profit was down from Rs 1,012.8 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chennai Petroleum Corporation stock price soared 16.5 per cent to Rs 1,081.65 apiece, also its fresh record high, on the BSE in Wednesday&#8217;s intraday trade after the energy firm posted solid January-March quarter result (Q4FY24). That apart, the company&#8217;s 100 per cent rise in dividend payout further boosted investor sentiment. At 1:30 PM, Chennai Petroleum Corporation share price was quoting 16 per cent higher at Rs 1,075.5 per share as against a 0.4 per cent uptick in the benchmark S&amp;P BSE Sensex. On Wednesday, April 24, 2024, Chennai Petroleum reported a whopping 71 per cent quarter-on-quarter (Q-o-Q) rise in consolidated [&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-642549","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\/642549","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=642549"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/642549\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=642549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=642549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=642549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}