27 May 2026
HPCL, BPCL, and IOC have seen daily losses ease after 3 staggered fuel hikes since May 15.
Before the hikes, combined under-recovery was running at ~₹1,000 crore/day. The first hike of ₹3/litre alone cut losses to ₹750 crore/day, a 25% reduction from the pre-hike level. Cumulative hikes are ~₹4.8/litre on petrol and diesel. Losses still persist at around ₹600/day.

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.