Hindustan Petroleum Corporation Ltd extends losses

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Capital Market
Last Updated : Feb 27 2020 | 5:04 PM IST

Hindustan Petroleum Corporation Ltd is quoting at Rs 207.3, down 0.74% on the day as on 13:24 IST on the NSE. The stock tumbled 7.19% in last one year as compared to a 7.62% rally in NIFTY and a 5.26% fall in the Nifty Energy index.

Hindustan Petroleum Corporation Ltd dropped for a fifth straight session today. The stock is quoting at Rs 207.3, down 0.74% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.54% on the day, quoting at 11615.1. The Sensex is at 39648.31, down 0.6%.Hindustan Petroleum Corporation Ltd has eased around 14.46% in last one month.Meanwhile, Nifty Energy index of which Hindustan Petroleum Corporation Ltd is a constituent, has eased around 8.62% in last one month and is currently quoting at 14189.7, down 1.06% on the day. The volume in the stock stood at 29.47 lakh shares today, compared to the daily average of 37.8 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 206.6, down 1.15% on the day. Hindustan Petroleum Corporation Ltd tumbled 7.19% in last one year as compared to a 7.62% rally in NIFTY and a 5.26% fall in the Nifty Energy index.

The PE of the stock is 5.7 based on TTM earnings ending December 19.

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First Published: Feb 27 2020 | 1:35 PM IST

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