Page 11 - Hpcl

HPCL reports 157% jump in June quarter's net profit at Rs 2,253 cr

Consolidated profit of Rs 2,252.65 crore, or Rs 14.78 per share, was 156.7 per cent higher than Rs 877.48 crore, or Rs 5.76 a share, earning in the same period a year back

HPCL Q1 profit jumps two-fold to Rs 2,253 cr, sales down at Rs 45,945.5 cr

The net profit surged despite sales falling to Rs 45,945.48 crore in first quarter of 2020-21 from Rs 74,595.64 crore a year ago

Gas economy: Centre planning to change LNG pipeline pricing policy

The second of the two-part series talks about why zonal pricing may be on the way out

Decline in order inflow at L&T does not augur well for capital goods sector

Even though it was better than what analysts had expected, it still paints a bleak picture.

Spending 50% of capex target by September: An uphill task for PSUs

Union Finance Minister Nirmala Sitharaman had earlier this week asked public sector companies to undertake half their capex for the current year by September.

India's fuel sales in June at 88% of pre-Covid levels, says govt

At 11.8 million tonnes of consumption, fuel demand in June was 88 per cent of 13.4 million tonnes consumption in June 2019.

Fitch revises Indian GREs', HPCL's outlook to negative; IDRs at BBB-minus

Fitch has also revised the outlook on Hindustan Petroleum Corporation to negative from stable and affirmed the long-term IDR at BBB-minus

Sensex ends 97 pts lower amid geopolitical tensions, rise in Covid-19 cases

All that happened in the markets today

Petrol price up by 55 paiser and diesel by 60 paise; consumers seek relief

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT

Markets ignore geopolitical tension, Sensex ends 376 points higher

All that happened in the markets today

Market Ahead, June 16: All you need to know before the opening bell

The SGX Nifty is up around 170 points from yesterday's close and is indicating an open at around 9,980 levels for the Nifty today

Market Ahead, June 15: Top factors that could guide markets this week

SGX Nifty is also down around 40 points, indicating a flat to lower opening for the Indian indices

HPCL delays $3 bn Vizag refinery expansion over labour, monsoon: Report

State-run refiner had initially planned to complete the Rs 209.28 billion expansion in July.

Flexibility helps RIL beat peers, achieve 90-100% capacity under lockdown

In comparison PSU refiners were able to achieve 60%; RIL's oil-to-chemical biz can shift quickly from fuel to chemicals, domestic to exports

State refiners fill up India's strategic reserves with spare crude oil

Buying more crude to fill strategic capacity will benefit India as international crude oil prices are falling

Trading opportunity in energy sector

Traders can benefit from price volatility in the months to come

Volatility in oil prices, uncertain petroleum demand impacting Indian OMCs

An output cut, at best, will put a floor to the falling crude prices, but it may not stabilise demand-supply dynamics.

Silver lining for OMCs: Low crude oil prices signal structural gains

HPCL may benefit more from improvement in marketing margins

HPCL, BPCL, Indian Oil poised for gains with oil prices at 18-year low

HPCL, with higher proportion of retail sales, may benefit more from improvement in marketing margins

Tracking the journey: How refineries and outlets made BS-VI switch possible

One of the biggest challenges has been to execute the change in outlets situated in remote areas with lower off-take