Time period given by analyst is Intra Day when Hindustan Petroleum Corporation Ltd. price can reach defined target.
Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 47152.55 Crore) operating in Gas & Petroleum sector.
Hindustan Petroleum Corporation Ltd. key Products/Revenue Segments include Refinery, Rent and Other Operating Revenue for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 72838.01 Crore, down -3.39 % from last quarter Total Income of Rs 75394.63 Crore and up 90.10 % from last year same quarter Total Income of Rs 38315.41 Crore. Company reported net profit after tax of Rs 1703.67 Crore in latest quarter.
Investment Rationale
Multi-year breakout, when prices broke above 2018 highs with a recent follow-through
Promoter/FII Holdings
Promoters held 54.9 per cent stake in the company as of 30-Sep-2021, while FIIs owned 18.29 per cent, DIIs 15.93 per cent.
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