The stock opened at Rs 297.5 and touched an intraday high and low of Rs 305.9 and Rs 297.5, respectively, in the session so far. The stock of Hindustan Petroleum Corporation Ltd. quoted a 52-week high of Rs 312.0 and a 52-week low of Rs 163.3.
As per BSE, the total market cap of the Hindustan Petroleum Corporation Ltd. stood at Rs 42435.87 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 72838.01 crore for the quarter ended 30-Jun-2021, down 3.39 per cent from previous quarter’s Rs 75394.63 crore and down 90.1 per cent from the year-ago quarter’s Rs 38315.41 crore.
The net profit for latest quarter stood at Rs 2003.9 crore, down 11.04 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2021, DIIs held 11.71 per cent stake in the company, while foreign institutional investors held 17.84 per cent and the promoters 54.9 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 4.07 and a price-to-book ratio of 0.89. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Hindustan Petroleum Corporation Ltd. belongs to the Oil Refining & Marketing industry.