Thu, Oct 26, 2023
Chennai Petro's profit in the quarter under review jumped 2.2X to Rs 1,191 crore from Rs 548 crore in the previous quarter.
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Tue, May 16, 2023
Shares of upstream companies rose up to 4 per cent during Tuesday’s session on the BSE. MRPL and Chennai Petro were up between 3-4 per cent. while ONCG and Oil India shares grew more than 1.5 and 2.5 per cent, respectively, today.
Thu, Apr 27, 2023
For the quarter ended March 2023, the company reported a net profit of Rs 1,013 crore against Rs 144.2 crore reported in the previous quarter, up a whopping 602 per cent.
Tue, Apr 11, 2023
The renowned investor, whose portfolio is monitored by many investors, publicly holds 14 stocks with a net worth of over Rs 228.7 crore as of April 11, 2023. Her portfolio typically leans towards more traditional stocks in textile and chemicals, as per the stock analysis website trnedlyne.com.
Tue, Apr 04, 2023
The government has cut the windfall profit tax on domestically produced crude oil to zero and halved the levy on the export of diesel to Rs 0.50 per litre in line with softening international oil prices, according to an official order.
Mon, Apr 03, 2023
Most energy stocks such as Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Mangalore Refinery & Petrochemicals (MRPL), and Chennai Petroleum Corporation were in demand during Monday's trading session on the exchanges.
Mon, Mar 06, 2023
Oil & Gas companies such as Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Mangalore Refinery & Petrochemicals (MRPL), Chennai Petroleum Corporation and Reliance Industries were in the green on the exchanges during the early morning session on Monday.
Fri, Dec 02, 2022
The rise in the energy stocks (upstream companies) could mainly be attributed to the government’s move to cut the windfall profit tax on domestically produced crude oil.
NMDC, Chennai Petro, Century Ply, Hero Moto, ONGC, Mazagon Dock: The research team of Arman Nahar and Varun Dubey recommends a buy, sell or hold strategy in cash stocks, futures and give their best picks for today.
Mon, Oct 03, 2022
Shares of Oil and Natural Gas Corporation, Oil India, Mangalore Refinery & Petrochemicals, and Chennai Petroleum Corporation--zoomed up to 9.5% on the BSE intraday on Oct 3 as the government cut windfall profit tax on domestic crude oil.
Fri, Aug 19, 2022
The government raised the windfall profit tax on the export of diesel and brought back a tax on jet fuel exports, however, cut the levy on domestically produced crude oil in line with softening rates,
Tue, Jul 19, 2022
The oil market may tighten further as the EU’s embargo on Russian oil takes full effect by end-CY22 amidst limited OPEC+ spare capacity, the brokerage said.
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