Share price of HPCL falls as Nifty strengthens

Shares of Hindustan Petroleum Corporation Ltd. slipped 0.96 per cent to Rs 262.5 in Monday's trade as of 12:29PM (IST).

The stock hit a high price of Rs 267.1 and low of Rs 262.0 during the session.

The return on equity (ROE) for the stock stood at 28.0 per cent. Traded volume on the counter stood at 12:29PM shares and turnover at Rs 2.5 crore around that time.

The stock of Hindustan Petroleum Corporation Ltd. quoted a 52-week high and 52-week low prices of Rs 312.0 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 54.9 per cent stake in the company as of 30-Jun-2021, while overseas investors held 17.84 per cent and domestic institutional investors had 16.28 per cent.

Key Financials
The company reported consolidated sales of Rs 72838.01 crore for the quarter ended 30-Jun-2021, down 3.39 per cent from previous quarter's Rs 75394.63 crore and down 90.1 per cent from the year-ago quarter's Rs 38315.41 crore.

Net profit after tax for the latest quarter stood at Rs 2003.9 crore, down 11.04 per cent from the same quarter a year ago.