HPCL shares gain 3.48% as Sensex falls

Shares of Hindustan Petroleum Corporation Ltd. traded 3.48 per cent up at Rs 328.4 at 10:05AM (IST) on Thursday, even as BSE benchmark Sensex dropped 58.02 points to 61201.94. The scrip had settled at Rs 317.35 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 339.7 and Rs 170.3, respectively.

As per BSE data, total traded volume on the counter till 10:05AM (IST) stood at 10:05AM shares with turnover at Rs 4.38 crore.

At the prevailing price, shares of the company trades at 4.46 times its trailing 12-month EPS of Rs 73.41 per share and 0.89 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

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

Shareholding Details
Promoters held 54.9 per cent stake in the company as of 30-Sep-2021, while FIIs owned 18.29 per cent and DIIs 15.93 per cent.