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    HPCL shines in Q1, profit jumps 30%; declares 2:1 bonus issue

    Gross refining margin (GRM), the difference between total value of petroleum products and price of crude, stood at USD 6.83 a barrel during the quarter against USD 8.56 a barrel, which was far ahead of expectations of USD 4.9 per barrel.

    first published: Aug 22, 2016 05:16 pm

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