Indian Oil, Bharat Petroleum, HPCL Gain After Petrol, Diesel Price Hike

Indian Oil shares rose as much 1.63 per cent, Bharat Petroleum climbed 2 per cent and Hindustan Petroleum rose 3.2 per cent.

Shares of state-run oil retailers Indian Oil, Bharat Petroleum and Hindustan Petroleum jumped after the country's largest state-run oil retailer Indian Oil hiked prices of petrol and diesel after a pause of 18 days on Tuesday. Indian Oil shares rose as much 1.63 per cent, Bharat Petroleum climbed 2 per cent and Hindustan Petroleum rose 3.2 per cent. Petrol and diesel prices have been hiked up to 18 paise across the metros on Tuesday, May 4, 2021 after a pause of 18 days. In Delhi, petrol prices have been increased by 15 paise from Rs 90.40 per litre to Rs 90.55 per litre and diesel prices have been raised by 18 paise from Rs 80.73 per litre to Rs 80.91 per litre, according to the Indian Oil Corporation.