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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.

Chennai Petro shares fall despite firm reporting strong second-quarter numbers

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.

ONGC, Oil India and other oil & gas stocks surge after govt removes windfall tax on petroleum crude

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.&nbsp;

Chennai Petro declares Q4 results, final dividend - check details

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.

Dolly Khanna books profit for 3rd straight quarter in this IOCL subsidiary – what should you know?

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.

ONGC, Oil India and other upstream stocks gain for 2nd day in row on withdrawal of windfall tax on oil production

Most energy stocks such as Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Mangalore Refinery &amp; Petrochemicals (MRPL), and Chennai Petroleum Corporation were in demand during Monday's trading session on the exchanges.&nbsp;

ONGC, Oil India shares rise after OPEC+ surprise action lifts crude oil rates

Oil &amp; Gas&nbsp;companies such as Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Mangalore Refinery &amp; Petrochemicals (MRPL), Chennai Petroleum Corporation and Reliance Industries were in the green on the exchanges during the early morning session on Monday.&nbsp;

Energy stocks ONGC, Oil India, MRPL and Chennai Petro surge as government cuts windfall tax cuts on diesel exports

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.

ONGC, Oil India, MRPL, Chennai Petro gain up to 5% after windfall tax cut by govt

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.

Traders Diary on 20 stocks: Buy, Sell or Hold strategy on NMDC, Chennai Petro, Century Ply, Hero Moto, ONGC, Mazagon Dock and others

Shares of Oil and Natural Gas Corporation, Oil India, Mangalore Refinery &amp; 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.

ONGC, Chennai Petro, Oil India, and MRPL jumps upto 9.5% as govt cuts windfall tax on domestic crude

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,

Energy stocks trade mixed as government hikes windfall profit tax on export of diesel, slashes on local crude - details

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.

Crude bounce back to $105: ONGC, Oil India, MRPL, Chennai Petro gain up to 4.5% on higher oil prices – What brokerage says

chennai-petro

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.

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.

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. 

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.

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.

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Chennai Petro

Chennai Petro shares fall despite firm reporting strong second-quarter numbers

ONGC, Oil India and other oil & gas stocks surge after govt removes windfall tax on petroleum crude

Chennai Petro declares Q4 results, final dividend - check details

Dolly Khanna books profit for 3rd straight quarter in this IOCL subsidiary – what should you know?

ONGC, Oil India and other upstream stocks gain for 2nd day in row on withdrawal of windfall tax on oil production

ONGC, Oil India shares rise after OPEC+ surprise action lifts crude oil rates

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