HPCL share price up 0.39 per cent

Shares of Hindustan Petroleum Corporation Ltd. traded 0.39 per cent up at Rs 296.45 at around 10:05AM (IST) on Monday. The stock had closed at Rs 295.3 in the previous session. Equity benchmark Sensex traded 218.39 points lower at 52256.37 around the same time.


The scrip has climbed 40.48 per cent in the last one year till date, while the 30-share index has gained 63.31 per cent during the same period.

The stock's 52-week high price stood at Rs 309.3 and the 52-week low price at Rs 163.3.

Trading volume on the counter stood at 80,028 shares, while it quoted a price-to-earnings ratio of 3.93, an EPS value of 75.17 and a price-to-book value of 0.94. In the Nifty50 pack, 11 stocks traded in the green, while 39 stocks were in the red.

Promoter/FII Holding
Promoters held 53.5 per cent stake in the company as of 14-May-2021, while overseas investor and MF ownership stood at 16.33 per cent and 14.22 per cent, respectively.

Key Financials
For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 75394.63 crore, up 8.37 per cent from the previous quarter's Rs 69571.51 crore and up 13.1 per cent from the year-ago quarter's Rs 66659.85 crore. The company reported net profit of Rs 3060.7 crore for the latest quarter.

Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.