|Bid||265.60 x 0|
|Ask||0.00 x 0|
|Day's Range||253.40 - 266.35|
|52 Week Range||155.00 - 266.35|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||10.07|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||391.44|
Indian refiners would resume imports of Iranian oil if the United States eases sanctions against Tehran, the chairman of state-run Hindustan Petroleum Corp said on Thursday. U.S. President Joe Biden's administration is seeking a diplomatic solution to the nuclear dispute with Iran, which could see sanctions eased. India, which was Iran's top oil client after China, had stopped oil imports from the OPEC nation in mid-2019 under pressure from the stringent sanctions imposed by former U.S. President Donald Trump.
Hindustan Petroleum Corp Ltd has pushed back the completion of a billion-dollar expansion at its southeastern Vizag refinery to at least October-November due to a labour shortage and the onset of monsoon, a company source said. Many workers have returned to their hometowns due to the nationwide lockdowns to curb the spread of coronavirus, while the onset of monsoon has made it difficult to carry out construction work, the source told Reuters. HPCL did not respond to a Reuters' request seeking comments.