HPCL shares drop 0.66% as Sensex falls

HPCL shares drop 0.66% as Sensex falls
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Synopsis

A total of 34,053 shares changed hands on the counter till 12:27PM (IST)

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Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
Shares of Hindustan Petroleum Corporation Ltd. traded 0.66 per cent down at Rs 292.8 at 12:27PM (IST) on Friday, even as BSE benchmark Sensex dropped 298.22 points to 57017.06. The stock had closed at Rs 294.75 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 354.55 and Rs 210.1, respectively.

As per BSE data, total traded volume on the counter till 12:27PM (IST) stood at 12:27PM shares with turnover at Rs 1.0 crore.

At the current price, shares of the company trades at 4.45 times its trailing 12-month EPS of Rs 65.96 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.

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