HPCL is an Indian Public sector undertaking, oil marketing company which is owned by the Ministry of Petroleum and Natural Gas, Government of India. The company has reported a fall of 25% in net profits in its Q4 FY 2023-24 earnings on lower refining margins. Additionally, The company has also announced one bonus share for …

BPCL And HPCL To Consider Bonus Shares At May 9 Board Meeting
8 May 2024A Big Week for Oil Refining Companies Indian oil refining and fuel marketing giants, Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL), have announced key developments that could bring excitement to their shareholders. Both companies are set to hold board meetings on May 9 to discuss the issuance of bonus shares. What …