Oil India announced the appointment of Mamta (DIN: 096113691)Director, MoP&NG as Govt. Nominee Director on the Board of the Company with effect from 16 June 2022.

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Oil India announced the appointment of Vinod Seshan IDIN: 079859s91,Dirtctor, MoP&NG as Govt. Nominee Director on Board of the company with effect from 14 June 2022.

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MAS Financial Services Ltd, Computer Age Management Services Ltd, Future Retail Ltd and Future Consumer Ltd are among the other gainers in the BSE's 'A' group today, 09 June 2022.

Oil India Ltd spiked 8.57% to Rs 304 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 6.36 lakh shares were traded on the counter so far as against the average daily volumes of 2.17 lakh shares in the past one month.

MAS Financial Services Ltd soared 7.39% to Rs 545.35. The stock was the second biggest gainer in 'A' group. On the BSE, 7524 shares were traded on the counter so far as against the average daily volumes of 4187 shares in the past one month.

Computer Age Management Services Ltd surged 6.23% to Rs 2578.6. The stock was the third biggest gainer in 'A' group. On the BSE, 19999 shares were traded on the counter so far as against the average daily volumes of 11922 shares in the past one month.

Future Retail Ltd added 4.91% to Rs 7.69. The stock was the fourth biggest gainer in 'A' group. On the BSE, 8.73 lakh shares were traded on the counter so far as against the average daily volumes of 11.08 lakh shares in the past one month.

Future Consumer Ltd advanced 4.85% to Rs 2.16. The stock was the fifth biggest gainer in 'A' group. On the BSE, 40.15 lakh shares were traded on the counter so far as against the average daily volumes of 42.4 lakh shares in the past one month.

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ONGC (up 1.90%) and Oil India (OIL) (up 7.86%) jumped.

In the commodities market, Brent crude for August settlement was up 0.32% at $123.97 a barrel. It has jumped 59.39% so far in calendar year 2022.

Higher crude oil prices boost oil explorers' average realisation from every barrel of the oil sold.

Shares of OIL hit a 52-week high of Rs 303.55 today.

In the past one month, the stock has surged 27.74% as against 0.73% rise in the Sensex. It has jumped 114.09% in the past one year compared with 5.65% increase in the Sensex.

Shares of ONGC hit a 52-week high of Rs 194.60 on 8 March 2022.

In the past one month, the stock rose 1.12% as against 0.73% increase in the Sensex. It has jumped 34.30% in the past one year compared with 5.65% rise in the Sensex.

Meanwhile, Mangalore Refinery & Petrochemicals (MRPL) rose 4.36% and Chennai Petroleum Corporation (CPCL) advanced 0.92%.

The stocks of these two petroleum refining rose amid optimism that surge in crude oil prices may boost their profitability.

MRPL, a subsidiary of ONGC, is Category 1 Miniratna Central Public Sector Enterprise (CPSE) under the Ministry of Petroleum & Natural Gas. The refinery has flexibility to process crudes of various API, delivering a variety of quality products. As on 31 March 2022, Oil and Natural Gas Corporation (ONGC) held 71.63% stake in the company.

CPCL operates in downstream petroleum sector. It produces an array of value-added petroleum products.

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