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Chennai Petroleum Corp shares zoom 15% to hit one-year high; here s why

Chennai Petroleum Corp share price: The Indian Oil Corporation subsidiary's standalone Q4 FY24 profit came at Rs 612.38 crore as against Rs 1,004.19 crore in the year-ago period. Revenue from operations slipped to Rs 20,822.95 crore in March 2024 quarter from Rs 21,350.20 crore in the corresponding period last year.

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Gainers & losers: Tata stocks, Hindalco among other counters inspotlight on Wednesday

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Share Market Highlights 24 April 2024: Sensex gains 114 pts, Nifty settles above 22,400

Share Market Highlights 24 April 2024: Sensex gains 114 pts, Nifty settles above 22,400
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Ahead of Market: 10 things that will decide D-Street action on Tuesday

Nifty on Monday ended 189 points higher to form a long-legged Doji candle pattern on the daily chart as it managed to move above the initial hurdle at 22,300 levels.

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Exceeding target: Oil PSUs made a capex of ₹1 28 lakh cr in FY24

State-run oil companies exceeded capex targets, with IndianOil leading in spending. ONGC focused on drilling more wells for energy prospects. HPCL invested in a refinery project, while GAIL and Oil India also increased spending.

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