Value lower on petrol, diesel deflates OMC shares

Shares of oil advertising corporations come beneath stress after a late-night sudden announcement of reducing diesel and petrol value by ₹2 every at shops. Hindustan Petroleum Company slumped 6.24 per cent to ₹468.95 on the BSE, Indian Oil Company 5.46 per cent to ₹161.15 and BPCL by 3.74 per cent to ₹586.25, as analysts stated … Read more