Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Indian refiner MRPL cancels Middle East vessel charter: Report
India's Mangalore Refinery and Petrochemicals has cancelled a vessel charter for crude oil. The company cited technical reasons for not proceeding with the Aframax tanker Jasmin Joy. It remains unclear if tensions in the Strait of Hormuz influenced this decision. Maritime authorities had raised the threat risk for vessels transiting the waterway. MRPL is currently searching for a replacement vessel for its operations.
Duty waiver on petrochemical products extended till July 15
Indian manufacturers will continue to benefit from a full customs duty exemption on imported petrochemicals until July 15. This extension aims to stabilize input costs for sectors like plastics, packaging, and textiles, which are still navigating supply chain recovery post-West Asia conflict. The move ensures a steady flow of essential raw materials, bolstering domestic production and market availability as global supply chains gradually normalize.
Buy or sell: Vaishali Parekh recommends three intraday stocks for today - 25 June 2026
Buy or sell stocks, 25 June 2026: Vaishali Parekh recommends three stocks to buy today — Tata Motors, Mangalore Refinery and Petrochemicals, and Sumitomo Chemical.
From Hormuz shock to energy security: How Reliance kept India's fuel lifeline intact
Reliance Petrochemicals, Reliance Oil Business, AGM 2026: Reliance Industries ensured energy security during a West Asian conflict. The company redirected domestic natural gas to critical sectors. It also increased LPG supplies fourfold. This action bridged import disruptions and maintained cooking fuel availability nationwide. Reliance's oil and gas business showed strong operational performance. The Jamnagar complex is set to become an autonomous refinery.
Haldia Petrochemicals standalone net profit rises 240.24% in the March 2026 quarter
Sales rise 26.61% to Rs 4295.60 crore
BHEL Shares In Focus After Rs 2,500 Crore Order Win — Check Target Price
BHEL in an exchange filing on Wednesday informed the exchanges about signing an agreement with Dangote Petroleum Refinery & Petrochemicals for eight gas turbine generator packages worth Rs 2,000-2,500 crore.
BHEL inks contract with Dangote for gas turbine generator packages
Bharat Heavy Electricals (BHEL) said it has signed a contract agreement with Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise for the execution of a project in Nigeria's Dangote Industries Free Zone.
BHEL secures order worth over Rs 2,000 crore from Nigerian firm
Bharat Heavy Electricals Limited has won a significant contract worth Rs 2,000 to Rs 2,500 crore. The order comes from Nigeria's Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise. BHEL will design, manufacture, supply, and supervise the erection and commissioning of eight gas turbine generator packages. These will be for the petroleum refinery and polypropylene plant in Nigeria.
BHEL shares to be in focus on Thursday as company bags ₹2,500 crore international order from Nigeria’s Dangote
In an exchange filing on Wednesday, the company said it has signed a contract agreement with Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise.
Southern Petrochemicals Industries Corporation consolidated net profit rises 51.46% in the March 2026 quarter
Sales decline 22.80% to Rs 579.25 crore
Ramco Systems Ltd leads gainers in 'B' group
OCCL Ltd, Laxmi Dental Ltd, John Cockerill India Ltd and Manali Petrochemicals Ltd are among the other gainers in the BSE's 'B' group today, 22 May 2026.
Firstsource Solutions Ltd leads gainers in 'A' group
Avalon Technologies Ltd, Thermax Ltd, Nuvama Wealth Management Ltd and Mangalore Refinery And Petrochemicals Ltd are among the other gainers in the BSE's 'A' group today, 08 May 2026.