Share price of HPCL rises as Nifty strengthens

Shares of Hindustan Petroleum Corporation Ltd. gained 0.13 per cent to Rs 231.7 in Thursday's trade as of 01:18PM (IST).

The stock hit a high price of Rs 233.25 and low of Rs 229.35 during the session.

The return on equity (ROE) for the stock stood at 8.51 per cent. Traded volume on the counter stood at 01:18PM shares and turnover at Rs 1.42 crore around that time.

The stock of Hindustan Petroleum Corporation Ltd. quoted a 52-week high and 52-week low prices of Rs 259.2 and Rs 163.3, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.6.

Promotor/FII Holding
Promoters held 53.5 per cent stake in the company as of 31-Mar-2021, while foreign investors held 16.33 per cent and domestic institutional investors had 18.93 per cent.

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

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