Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Indian Oil Corporation (IOCL) along with Bharat PetroResources (a 100% subsidiary of Bharat Petroleum Corporation), jointly operate the Onshore Block 1 Exploration Concession in Abu Dhabi through a 50:50 Special Purpose Vehicle viz., Urja Bharat (UBPL). UBPL was awarded the Onshore Block 1 concession in early 2019 through Abu Dhabi's 2019 Bid Round.
In early 2024, UBPL made its first oil discovery in the Unconventional Shilaif play in XN-76 exploratory well. After successful hydrofracking operations, the well flowed light crude oil at surface from the Shilaif formation. The successful testing results have established the presence of unconventional oil resources in Onshore Block 1. The Company is very positive with the well results and looking forward to further establish the economic deliverability of wells during the appraisal phase.
UBPL has also witnessed the oil discovery during testing of the exploratory well XN 79 02S in the Onshore Block 1. The well flowed light crude oil, marking it the first oil find in the Habshan reservoir in the concession area. Going forward this discovery would be appraised and matured for potential development.
Such positive developments are very encouraging and certainly 8 significant achievement for both the parent companies of UBPL, as international operators.
In addition, both companies through UBPL are advancing towards development of the existing Ruwais field and exploring other potential hydrocarbon prospects within the concession area.
Indian Oil Corporation and Maruti Suzuki India (MSIL) have signed a Memorandum of Understanding (MoU) to enhance customer convenience. Under this agreement, Maruti Suzuki service facilities will be established at select IndianOil fuel stations across the country.
The collaboration leverages IndianOil's vast nationwide network to set up various Maruti Suzuki service facilities. This integration will allow customers to access scheduled periodic maintenance and minor repairs for their Maruti Suzuki cars, at the same locations where they refuel, creating a more efficient and seamless experience.
IndianOil, with its extensive retail presence, will further strengthen Maruti Suzuki's 5,780+ service touchpoints. By bringing authorised service to the fuel station, both companies aim to provide a 'one stop' solution that enhances convenience and peace of mind for millions of car owners throughout their ownership journey
Hindustan Petroleum Corporation Ltd gained 2.27% today to trade at Rs 507. The BSE Oil & Gas index is up 0.36% to quote at 29015.56. The index is up 3.82 % over last one month. Among the other constituents of the index, Oil & Natural Gas Corpn Ltd increased 0.97% and Indian Oil Corporation Ltd added 0.93% on the day. The BSE Oil & Gas index went up 8.19 % over last one year compared to the 8.1% surge in benchmark SENSEX.
Hindustan Petroleum Corporation Ltd has added 12.59% over last one month compared to 3.82% gain in BSE Oil & Gas index and 0.08% drop in the SENSEX. On the BSE, 14620 shares were traded in the counter so far compared with average daily volumes of 1.23 lakh shares in the past one month. The stock hit a record high of Rs 507.6 on 05 Jan 2026. The stock hit a 52-week low of Rs 287.55 on 03 Mar 2025.
Indian Oil Corporation Ltd fell 3.18% today to trade at Rs 162.85. The BSE Oil & Gas index is down 0.42% to quote at 27825.41. The index is down 3.54 % over last one month. Among the other constituents of the index, Adani Total Gas Ltd decreased 0.7% and GAIL (India) Ltd lost 0.33% on the day. The BSE Oil & Gas index went up 6.41 % over last one year compared to the 5.41% surge in benchmark SENSEX.
Indian Oil Corporation Ltd has lost 5.07% over last one month compared to 3.54% fall in BSE Oil & Gas index and 0.18% drop in the SENSEX. On the BSE, 82465 shares were traded in the counter so far compared with average daily volumes of 7.57 lakh shares in the past one month. The stock hit a record high of Rs 174.45 on 12 Nov 2025. The stock hit a 52-week low of Rs 110.75 on 03 Mar 2025.
GAIL (India) Ltd fell 5.55% today to trade at Rs 173.6. The BSE Oil & Gas index is down 0.52% to quote at 28334.49. The index is down 0.66 % over last one month. Among the other constituents of the index, Hindustan Petroleum Corporation Ltd decreased 0.69% and Indian Oil Corporation Ltd lost 0.61% on the day. The BSE Oil & Gas index went up 6.74 % over last one year compared to the 8.54% surge in benchmark SENSEX.
GAIL (India) Ltd has lost 6.04% over last one month compared to 0.66% fall in BSE Oil & Gas index and 0.93% rise in the SENSEX. On the BSE, 4.76 lakh shares were traded in the counter so far compared with average daily volumes of 6.84 lakh shares in the past one month. The stock hit a record high of Rs 213.3 on 06 Dec 2024. The stock hit a 52-week low of Rs 150.6 on 04 Mar 2025.