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    HPCL shares up 0.27% as Nifty gains

    Synopsis

    A total of 30,457 shares changed hands on the counter till 12:13PM (IST).

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    India 10-year bond yield fell 0.41 per cent to 5.89 after trading in 5.87-5.91 range
    NEW DELHI: Shares of Hindustan Petroleum Corporation Ltd. traded 0.27 per cent up in Tuesday's trade at 12:13PM (IST). Around 30,457 shares changed hands on the counter.

    The scrip opened at Rs 262.0 and touched an intraday high and low of Rs 263.85 and Rs 261.4, respectively, in the session so far. Shares of the company of Hindustan Petroleum Corporation Ltd. quoted a 52-week high of Rs 312.0 and a 52-week low of Rs 163.3.

    As per BSE, the total market cap of the Hindustan Petroleum Corporation Ltd. stood at Rs 37229.8 crore at the time of writing this report.

    Did you Know?

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

    View Latest Stock Report »

    Key Financials
    The company reported consolidated net 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.

    The net profit for latest quarter stood at Rs 2003.9 crore, down 11.04 per cent from the corresponding quarter last year.

    Shareholding pattern
    As of 30-Jun-2021, DIIs held 11.71 per cent stake in the firm, while foreign institutional investors held 17.84 per cent and the promoters 54.9 per cent.


    Valuation ratio
    According to BSE data, the stock traded at a P/E multiple of 3.57 and a price-to-book ratio of 0.94. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

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