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    HPCL declines 0.13% as Sensex climbs

    Synopsis

    The stock traded at a P/E multiple of 4.03, while the price-to-book value ratio stood at 0.94.

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    India is hardly immune to the global trend of sliding fees and trading commissions.
    Shares of Hindustan Petroleum Corporation Ltd. traded at Rs 304.15 on BSE at 01:36PM (IST) on Wednesday, down 0.13 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 163.3 and a high of Rs 312.0.

    Earlier, shares of the company saw a gap up opening in the morning.

    Did you Know?

    Stock score of Hindustan Petroleum Corp Ltd moved up by 1 in 3 months on a 10-point scale.

    View Latest Stock Report »

    A total of 301,889 lakh shares changed hands on the counter till 01:36PM (IST).

    The stock of Hindustan Petroleum Corporation Ltd. commanded a market value of Rs 43024.57 crore, according to BSE.

    The stock traded at a price-to-earning (P/E) multiple of 4.03, while the price-to-book value ratio stood at 0.94. Return on equity (ROE) was at 28.0 per cent, according to exchange data.

    In the BSE500 pack, 257 stocks traded in the green, while 243 stocks were in the red.

    The stock's beta value, which measures volatility in relation to the broader market, stood at 1.6.

    Promotor/FII Holding
    Promoters held 54.9 per cent in Hindustan Petroleum Corporation Ltd. as of 14-May-2021 while overseas and domestic institutional investors owned 16.11 per cent and 13.49 per cent, respectively.

    Moving averages
    The 200-DMA of the stock stood at 232.04 on July 07, while the 50-DMA was at 280.66. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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