India's Hindustan Oil says wells activated after disruption; shares rise

Hindustan Oil Exploration

30/08/2024 08:21

** Shares of India's Hindustan Oil Exploration Co  HOEX.NS 
rise 4.6% to 266 rupees, set to break four-session falling
streak, if gains hold  
    ** Co said two of its wells have been activated for
production 
    ** HOEX earlier said operations at its wells were disrupted
citing "adverse weather conditions" 
    ** YTD stock has gained over 45% 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))