India, May 20 -- Shares of oil marketing companies (OMCs), including HPCL, ended higher on Tuesday after petrol and diesel prices were raised by about 90 paise per litre - the second increase in less than a week.

The stock of Hindustan Petroleum Corporation Ltd climbed 3.27 per cent, Indian Oil Corporation edged higher by 2.39 per cent, and Bharat Petroleum Corporation Ltd went up by 2.03 per cent on the BSE.

Petrol and diesel prices were raised about 90 paise per litre on Tuesday - the second increase in less than a week - as state-run fuel retailers moved to narrow mounting losses triggered by a sharp surge in global crude oil prices following the Iran conflict.

Petrol price in New Delhi rose to Rs 98.64 per litre from Rs 97.77, whil...