FIIs have been increasing their stake in the firm steadily, but the majority of the increase happened in the most recent quarter. Back in the September 2023 quarter, FIIs stake stood at 11.4%.
Chennai Petroleum Corporation Share Price Graph And News stockmaniacs.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockmaniacs.net Daily Mail and Mail on Sunday newspapers.
Multibagger stock: Share price grows more than 3 times in less than 3 months, rise continues - In the last 6 months, the CPCL stock registered a 154.68% increase while the rise has continued at similar pace with a 129.99% increase in last month.
The company reported a Rs 556.44 crore loss in the December quarter due to lower refinery run and tax expenses. CPCL had reported a Rs 290.58 crore profit in the same period a year back, it said in a stock exchange filing.