OMC stocks rally up to 4% as govt hikes excise duty, raises LPG prices. What should investors do?

April 8, 2025

Hindustan Petroleum Corporation Ltd (HPCL) shares surged the most, rising 4% to a day’s high of Rs 367.50 on the BSE, followed by Bharat Petroleum Corporation Ltd (BPCL) shares, which climbed 2.7% to Rs 281.80. Meanwhile, Indian Oil Corporation (IOC) shares increased by 2%, reaching Rs 131.

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