AgenciesRelated
Chandan Taparia of Motilal Oswal has buy call on Hindustan Petroleum Corporation with a target price of Rs 313. The current market price of Hindustan Petroleum Corporation is Rs 290.4. Time period given by analyst is Intra Day when Hindustan Petroleum Corporation Ltd. price can reach defined target.
Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 41223.01 Crore) operating in Gas & Petroleum sector.
Hindustan Petroleum Corporation Ltd. key Products/Revenue Segments include Refinery, Rent and Other Operating Revenue for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 97146.50 Crore, up 10.29 % from last quarter Total Income of Rs 88085.42 Crore and up 39.64 % from last year same quarter Total Income of Rs 69571.51 Crore. Company reported net profit after tax of Rs 774.76 Crore in latest quarter.
Investment Rationale
Negating its lower top - lower bottom on weekly scale, double bottom on daily scale.
Promoter/FII Holdings
Promoters held 54.9 per cent stake in the company as of 31-Dec-2021, while FIIs owned 20.19 per cent, DIIs 15.12 per cent.
Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 41223.01 Crore) operating in Gas & Petroleum sector.
Hindustan Petroleum Corporation Ltd. key Products/Revenue Segments include Refinery, Rent and Other Operating Revenue for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 97146.50 Crore, up 10.29 % from last quarter Total Income of Rs 88085.42 Crore and up 39.64 % from last year same quarter Total Income of Rs 69571.51 Crore. Company reported net profit after tax of Rs 774.76 Crore in latest quarter.
Investment Rationale
Negating its lower top - lower bottom on weekly scale, double bottom on daily scale.
Promoter/FII Holdings
Promoters held 54.9 per cent stake in the company as of 31-Dec-2021, while FIIs owned 20.19 per cent, DIIs 15.12 per cent.
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