Hindustan Petroleum Corporation Ltd is up for a third straight session today. The stock is quoting at Rs 369.7, up 2.59% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.81% on the day, quoting at 23155.2. The Sensex is at 76355.97, down 0.93%. Hindustan Petroleum Corporation Ltd has slipped around 8.4% in last one month. Meanwhile, Nifty Energy index of which Hindustan Petroleum Corporation Ltd is a constituent, has slipped around 1.9% in last one month and is currently quoting at 34970.55, down 1.4% on the day. The volume in the stock stood at 86.24 lakh shares today, compared to the daily average of 46.27 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 370.6, up 2.43% on the day. Hindustan Petroleum Corporation Ltd is up 25.91% in last one year as compared to a 9.02% spurt in NIFTY and a 0.45% spurt in the Nifty Energy index.The PE of the stock is 17.6 based on TTM earnings ending September 24.Powered by Capital Market - Live

Hindustan Petroleum Corporation has revised the meeting of the Board of Directors which was scheduled to be held on 24 January 2025. The meeting will now be held on 23 January 2025.Powered by Capital Market - Live

Hindustan Petroleum Corporation (HPCL) announced the successful commissioning of LNG Regasification Terminal of 5 MMTPA capacity at Chhara, Gujarat set up by HPCL LNG, wholly owned subsidiary of HPCL. The ship, Maran Gas Coronis, carrying LNG cargo was berthed on 6 January 2025 and the cargo discharge into the on shore LNG tanks was successfully completed on 12 January 2025. The Terminal has been set up at an approx. investment of Rs. 4750 crore at Chhara Port in Gir-Somnath District in Gujarat. It has facilities for receipt of LNG through ocean tankers, marine unloading, storage, LNG Road Tanker loading, regasification , and supply of regasified LNG to the gas grid. HPCL LNG would operate the Terminal on a tolling model and is open to third party users, through long term capacity booking contracts and/or through Master regasification agreement for spot cargoes. HPCL has brought its first cargo and the terminal will start the commercial operations shortly.Powered by Capital Market - Live

The company stated that the ship, Maran Gas Coronis, carrying LNG cargo, berthed on 6 January 2025, and the discharge of the cargo into the onshore LNG tanks was successfully completed on 12 January 2025. The terminal, located at Chhara Port in Gir-Somnath District, Gujarat, has been developed with an investment of approximately Rs 4,750 crore. It features facilities for LNG receipt through ocean tankers, marine unloading, storage, LNG road tanker loading, regasification and the supply of regasified LNG to the gas grid. HPCL LNG will operate the terminal under a tolling model, offering services to third-party users through long-term capacity booking contracts and/or master regasification agreements for spot cargoes. The company has already brought in its first cargo, and the terminal is set to begin commercial operations soon. HPCL is engaged in the business of refining crude oil and marketing petroleum products. It operates through two segments: downstream and exploration and production of hydrocarbons. The company's standalone net profit tumbled 87.67% to Rs 631.18 crore in Q2 FY25 as against Rs 5,118.16 crore posted in Q2 FY24. Net sales (excluding excise duty) grew by 4.29% year on year (YoY) to Rs 99,413.16 crore in the September 2024 quarter. The scrip tumbled 6.44% to Rs 363.40 on the BSE. Powered by Capital Market - Live

Hindustan Petroleum Corporation will hold a meeting of the Board of Directors of the Company on 24 January 2025.Powered by Capital Market - Live

Hindustan Petroleum Corporation announced that consequent upon completion of tenure of office on 29 December 2024, Dr. Nagaraja Bhalki (DIN: 09451587) has ceased to be Independent Director of the Company effective 30 December 2024.Powered by Capital Market - Live

This project will increase the lube oil base stocks (LOBS) production from the current 475 KTPA to 764 KTPA, with the production of superior-grade Group II+ and Group III LOBS. Additionally, bitumen production will rise by approximately 487 KTPA with the upgrade of fuel oil to bitumen. The estimated cost of this project is Rs 4,679 crore with a mechanical completion schedule of 36 months and 3 months for commissioning from the date of board approval. HPCL is engaged in the business of refining crude oil and marketing petroleum products. It operates through two segments: downstream and exploration and production of hydrocarbons. The company's standalone net profit tumbled 87.67% to Rs 631.18 crore in Q2 FY25 as against Rs 5,118.16 crore posted in Q2 FY24. Net sales (excluding excise duty) grew by 4.29% year on year (YoY) to Rs 99,413.16 crore in the September 2024 quarter. Shares of Hindustan Petroleum Corporation shed 0.38% to Rs 405.45 on the BSE. Powered by Capital Market - Live

Hindustan Petroleum Corporation announced that consequent upon completion of tenure of office on 15 November 2024, Vimla Pradhan (DIN 09398793), Vivekananda Biswal (DIN 00977767), Bechan Lal (DIN 09397116) & Ramdarshan Singh Pal (DIN 09400298) have ceased to be Independent Directors of the Company effective 16 November 2024. Powered by Capital Market - Live

Net profit of Hindustan Petroleum Corporation declined 97.55% to Rs 142.67 crore in the quarter ended September 2024 as against Rs 5826.96 crore during the previous quarter ended September 2023. Sales rose 4.29% to Rs 99464.42 crore in the quarter ended September 2024 as against Rs 95371.27 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales99464.4295371.27 4 OPM %2.338.64 - PBDT1877.738690.31 -78 PBT348.197443.00 -95 NP142.675826.96 -98 Powered by Capital Market - Live

Hindustan Petroleum Corporation Ltd rose 3.18% today to trade at Rs 436.5. The BSE Oil & Gas index is up 0.63% to quote at 30321.23. The index is down 1.4 % over last one month. Among the other constituents of the index, Indian Oil Corporation Ltd increased 1.55% and Bharat Petroleum Corporation Ltd added 1.39% on the day. The BSE Oil & Gas index went up 58.31 % over last one year compared to the 22.93% surge in benchmark SENSEX. Hindustan Petroleum Corporation Ltd has added 6.4% over last one month compared to 1.4% fall in BSE Oil & Gas index and 1.6% drop in the SENSEX. On the BSE, 70965 shares were traded in the counter so far compared with average daily volumes of 3.92 lakh shares in the past one month. The stock hit a record high of Rs 457.2 on 05 Sep 2024. The stock hit a 52-week low of Rs 159.5 on 26 Oct 2023.Powered by Capital Market - Live