Share price of Hindustan Petroleum Corporation Ltd. jumps as Sensex drops 291.99 points

The share price of Hindustan Petroleum Corporation Ltd. gained 0.45 per cent to Rs 235.85 at 11:45AM (IST) in Monday’s trade. The counter has hit a high of Rs 237.3 and low of Rs 234.3 so far during the session. The stock had closed at Rs 234.8 in the previous session.

The counter has had a total traded volume of 92511 shares so far with a value of Rs 2.18 crore on the NSE. It traded at a price-to-earnings multiple of 4.69 and a price-to-book ratio of 0.94.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 12.71 per cent during the past one year, while the 30-share index advanced 71.73 per cent during the same period.

Hindustan Petroleum Corporation Ltd. belongs to the Oil Refining & Marketing industry.


Promotor/FII Holding

Promoters held 51.57 per cent stake in the company as of 31-Dec-2020, while FIIs and domestic institutional investors ownership stood at 15.92 per cent and 15.45 per cent, respectively.

Key Financials

The company reported consolidated net sales of Rs 69571.51 crore for the quarter ended 31-Dec-2020, up 32.24 per cent from the previous quarter’s Rs 52610.63 crore and up 2.29 per cent from the year-ago quarter’s Rs 71205.13 crore.

Profit for the latest quarter stood at Rs 2373.71 crore, up 131.08 per cent from the same quarter a year ago.



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