OICHARTS
8 AMThe 8 AM report →
EnergyHigh impactPre-market

Petronet reports record profits amid Gulf crisis

pre-market1 source ↓written by the desknot a recommendation

Petronet achieved record quarterly profits despite the ongoing Gulf crisis, showcasing strong operational performance and a robust dividend. Although utilization dipped in March, it is recovering as prices normalize. The company plans major CapEx for petrochemicals and storage expansion, indicating confidence in future growth. 💼

• Record profits achieved

• Utilization recovering

• Major CapEx planned

Immediate market implications may include increased investor confidence and potential stock price appreciation.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 May 2026, 07:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

PETRONET closed +0.3% on the day of the news, from ₹282.55 to ₹283.30; Nifty +1.2% over the same session; futures OI +1.4%.

Bulletin at 07:05 IST on 6 May 2026. Every change is measured from ₹282.55, the last close before it, on 5 May. Nifty 50 is measured over the same sessions.

  • PETRONET close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
PETRONET closes around the bulletin against the close before the news, with Nifty 50 rebased to it258.70282.55306.40axis spans 18%before the news · 5 May282.55Nifty 50PETRONETbulletinD0+1+3+528 Apr11 May20 MayFutures open interest, lotspeak 20,000Reference close ₹282.55. 16 sessions from 28 Apr to 20 May; the price axis spans 18 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before5 May₹282.55basebase
On the day6 May₹283.30▲ +0.3%▲ +1.2%−1.0 pp difference
+1 session7 May₹282.10▼ −0.2%▲ +1.2%−1.4 pp difference
+3 sessions11 May₹275.75▼ −2.4%▼ −0.9%−1.5 pp difference
+5 sessions13 May₹271.35▼ −4.0%▼ −2.6%−1.4 pp difference
Gap at the open, % · ₹
▲ +0.8%+2.35 on 6 May
Day's range, % · ₹
2.3%≈ 6.5 high to low
Volume on the day
1.12×the 20-session average
Futures OI on the day
▲ +1.4%+250 lots · long build-up · price +0.3%
Futures OI open, lots
18,0006 May · 26 May expiry
Futures premium, ₹
+1.20+0.4% to spot
Puts per call, by OI
0.83from 0.90 the session before
Max pain
280from 280 the session before

Source NSE UDiFF bhavcopy · PETRONET on the desk →

Thread · PETRONETAll PETRONET bulletins →

Related