Refineries
5 recent notes from companies in this sector. 3 companies tracked.
Chennai Petroleum gets Navratna status, gains autonomy on capex, JVs
The government's classification gives the mid-cap refiner more freedom to invest without central approval. A strategic upgrade for a company with ₹16,347 cr market cap.
Reliance hits record revenue, cuts Kutch output 87%
Mukesh Ambani guided EBITDA to more than double again, but the Kutch renewable hub's projected annual output was slashed by 86.7% from 300bn to 40bn units.
Jio Platforms board approves DRHP for IPO of up to 27 crore shares
Reliance's digital subsidiary takes formal step toward listing; fresh issue of up to 27 crore equity shares to be priced via book building. Proceeds will flow to Jio Platforms, providing a public valuation benchmark.
HPCL JV's fire-damaged CDU back online; diesel dispatches begin this week
Restoration of crude distillation unit at HPCL Rajasthan Refinery completed faster than worst-case scenarios; motor spirit production next week.
Reliance lands Meta's first custom data centre in India
The 168 MW Jamnagar facility, to be delivered within two years, gives Meta its first built-to-suit AI capacity in India.