Despite the near-term volatility, HPCL's valuations remain reasonable, the brokerage noted. The stock trades at 1.4x one-year forward price-to-book, slightly above its long-term average of 1.2x.
Antique Stock Broking reiterated 'Buy' on Hindustan Petroleum Corp., Bharat Petroleum Corp., and Indian Oil Corp, with HPCL as the top pick
In the past two months, the stock price of HPCL has gained 15 per cent after the company said June 2025 quarter (Q1FY26) witnessed a strong operational and financial performance.
Nomura said that the INR's depreciation remains a headwind for OMCs and CGDs, as their input costs are dollar-linked while revenues are in rupees.
Trump has decided to impose an additional 25 per cent tariff on Indian goods, citing New Delhi's continued imports of Russian oil in a move that sharply escalated tensions between the two nations
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Stocks To Buy Today, April 11, 2025: Ajit Mishra, SVP-Research at Religare Broking, has recommended that investors buy Godrej Consumer, Indus Towers and HPCL shares today
Kaushal to be the first head of a state-owned oil major from the private sector, to take an 80 per cent pay cut
OMCs are businesses involved in the marketing and distribution of petroleum products such as crude oil, gasoline, diesel, kerosene, jet fuel, and other refined petroleum products
After HPCL, the government headhunter struggled to find a suitable candidate for the top job at Bharat Petroleum, as most applicants were narrow specialists lacking multidisciplinary experience needed to run a large organisation. The Public Enterprise Selection Board (PESB) last month interviewed a dozen candidates including BPCL Director (Finance) Vetsa Ramakrishna Gupta and its Director (Refineries) S Khanna but found none suitable for the job of chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), according to a PESB order. It advised the administrative ministry "to choose an appropriate course of further action for selection including the search cum selection committee," according to the order. Incumbent G Krishnakumar superannuates as chairman and managing director of BPCL on April 30 this year. BPCL is the fourth company in the oil sector where PESB couldn't find a suitable candidate since 2021. PESB in May 2023 did not make any recommendation for the to
HPCL owns a 5 million tonnes per year LNG import terminal at Chhara in western India. Under the pact, NTPC will either book capacities at the terminal or hire LNG tankers there
Stocks to Buy Today, Jan 30: Nifty is recovering amid choppy conditions and approaching its critical resistance at 23,300 (20-DEMA)
HPCL Q3 released on Thursday, after market hours, showed that the company's net profit increased 257 per cent Y-o-Y to Rs 2544 crore as compared to Rs 712.84 crore a year ago
Stocks to Buy Today: M&M stock has shown a relative outperformance to other auto stocks in the recent past and is now on the verge of a breakout from the consolidation phase
F&O Trading, HPCL stock: The stock price has been forming bullish 'Higher Top-Higher Bottom' formation on the weekly chart
Technical chart shows that the key momentum oscillators for these 5 NSE stocks have turned negative; In case of a pullback, here are the key resistance levels for these 5 stocks.
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According to HPCL, India's ambitious goal of expanding road connectivity, manufacturing, and construction activities is expected to support economic growth and further drive oil consumption in India.
State-owned Hindustan Petroleum Corporation Ltd (BPCL) on Monday reported a massive 90 per cent drop in net profit in the June quarter, as refinery margins fell and a fuel price reduction slashed marketing margins. HPCL reported a consolidated net profit of Rs 633.94 crore in April-June -- the first quarter of the current 2024-25 fiscal year -- compared to a profit of Rs 6,765.50 crore a year back, according to a stock exchange filing by the company. Net profit also declined sequentially, when compared to an earning of Rs 2,709.31 crore in the January-March period. Pre-tax earnings from downstream fuel retailing businesses slumped 90 per cent to Rs 907.86 crore. The company and other state-owned fuel retailers -- Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (HPCL) -- had last year made extraordinary gains from holding petrol and diesel prices despite a drop in cost. The price freeze was justified in the name of recovering losses BPCL and other two retailers ha